Gold Intraday: the downside prevails
Oct 29, 2025 8:47 PM
short positions below 3973.00 with targets at 3913.00 & 3884.00 in extension.
Pivot: 3973.00
Our preference:
short positions below 3973.00 with targets at 3913.00 & 3884.00 in extension.
Alternative scenario:
above 3973.00 look for further upside with 4010.00 & 4030.00 as targets.
Comment:
the break below the support at 3973.00 triggered a bearish acceleration to the support at 3913.00.
Supports and resistances:
4030.00
4010.00
3973.00
3945.09 Last
3913.00
3884.00
3862.00
Our preference:
short positions below 3973.00 with targets at 3913.00 & 3884.00 in extension.
Alternative scenario:
above 3973.00 look for further upside with 4010.00 & 4030.00 as targets.
Comment:
the break below the support at 3973.00 triggered a bearish acceleration to the support at 3913.00.
Supports and resistances:
4030.00
4010.00
3973.00
3945.09 Last
3913.00
3884.00
3862.00
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