Gold Intraday: intraday support around 3387.00
Aug 8, 2025 5:05 PM
long positions above 3387.00 with targets at 3408.00 & 3420.00 in extension.
Pivot: 3387.00
Our preference:
long positions above 3387.00 with targets at 3408.00 & 3420.00 in extension.
Alternative scenario:
below 3387.00 look for further downside with 3380.00 & 3370.00 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
3430.00
3420.00
3408.00
3399.72 Last
3387.00
3380.00
3370.00
Our preference:
long positions above 3387.00 with targets at 3408.00 & 3420.00 in extension.
Alternative scenario:
below 3387.00 look for further downside with 3380.00 & 3370.00 as targets.
Comment:
the RSI is above its neutrality area at 50%.
Supports and resistances:
3430.00
3420.00
3408.00
3399.72 Last
3387.00
3380.00
3370.00
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