Gold Intraday: supported by a rising trend line
Sep 5, 2025 11:14 AM
long positions above 3535.00 with targets at 3564.00 & 3578.00 in extension.
Pivot: 3535.00
Our preference:
long positions above 3535.00 with targets at 3564.00 & 3578.00 in extension.
Alternative scenario:
below 3535.00 look for further downside with 3525.00 & 3510.00 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
3596.00
3578.00
3564.00
3551.78 Last
3535.00
3525.00
3510.00
Our preference:
long positions above 3535.00 with targets at 3564.00 & 3578.00 in extension.
Alternative scenario:
below 3535.00 look for further downside with 3525.00 & 3510.00 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
3596.00
3578.00
3564.00
3551.78 Last
3535.00
3525.00
3510.00
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