Gold Intraday: the bias remains bullish
Sep 8, 2025 5:02 AM
long positions above 3572.00 with targets at 3600.00 & 3618.00 in extension.
Pivot: 3572.00
Our preference:
long positions above 3572.00 with targets at 3600.00 & 3618.00 in extension.
Alternative scenario:
below 3572.00 look for further downside with 3560.00 & 3545.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
3631.00
3618.00
3600.00
3581.26 Last
3572.00
3560.00
3545.00
Our preference:
long positions above 3572.00 with targets at 3600.00 & 3618.00 in extension.
Alternative scenario:
below 3572.00 look for further downside with 3560.00 & 3545.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
3631.00
3618.00
3600.00
3581.26 Last
3572.00
3560.00
3545.00
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