Gold Intraday: the bias remains bullish
Oct 23, 2025 11:28 PM
long positions above 4070.00 with targets at 4160.00 & 4215.00 in extension.
Pivot: 4070.00
Our preference:
long positions above 4070.00 with targets at 4160.00 & 4215.00 in extension.
Alternative scenario:
below 4070.00 look for further downside with 4010.00 & 3945.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4265.00
4215.00
4160.00
4112.00 Last
4070.00
4010.00
3945.00
Our preference:
long positions above 4070.00 with targets at 4160.00 & 4215.00 in extension.
Alternative scenario:
below 4070.00 look for further downside with 4010.00 & 3945.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
4265.00
4215.00
4160.00
4112.00 Last
4070.00
4010.00
3945.00
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