Gold Intraday: under pressure
Jul 24, 2025 11:06 AM
short positions below 3385.00 with targets at 3350.00 & 3333.00 in extension.
Pivot: 3385.00
Our preference:
short positions below 3385.00 with targets at 3350.00 & 3333.00 in extension.
Alternative scenario:
above 3385.00 look for further upside with 3400.00 & 3415.00 as targets.
Comment:
as long as 3385.00 is resistance, likely decline to 3350.00.
Supports and resistances:
3415.00
3400.00
3385.00
3364.20 Last
3350.00
3333.00
3320.00
Our preference:
short positions below 3385.00 with targets at 3350.00 & 3333.00 in extension.
Alternative scenario:
above 3385.00 look for further upside with 3400.00 & 3415.00 as targets.
Comment:
as long as 3385.00 is resistance, likely decline to 3350.00.
Supports and resistances:
3415.00
3400.00
3385.00
3364.20 Last
3350.00
3333.00
3320.00
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