Gold Intraday: the downside prevails
Sep 4, 2025 4:57 AM
short positions below 3556.00 with targets at 3508.00 & 3488.00 in extension.
Pivot: 3556.00
Our preference:
short positions below 3556.00 with targets at 3508.00 & 3488.00 in extension.
Alternative scenario:
above 3556.00 look for further upside with 3578.00 & 3608.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
3608.00
3578.00
3556.00
3530.63 Last
3508.00
3488.00
3467.00
Our preference:
short positions below 3556.00 with targets at 3508.00 & 3488.00 in extension.
Alternative scenario:
above 3556.00 look for further upside with 3578.00 & 3608.00 as targets.
Comment:
the RSI is bearish and calls for further decline.
Supports and resistances:
3608.00
3578.00
3556.00
3530.63 Last
3508.00
3488.00
3467.00
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