Gold Intraday: turning up
Mar 3, 2025 4:46 PM
long positions above 2870.00 with targets at 2898.00 & 2912.00 in extension.
Pivot: 2870.00
Our preference:
long positions above 2870.00 with targets at 2898.00 & 2912.00 in extension.
Alternative scenario:
below 2870.00 look for further downside with 2860.00 & 2850.00 as targets.
Comment:
the next resistances are at 2898.00 and then at 2912.00.
Supports and resistances:
2928.00
2912.00
2898.00
2888.00 Last
2870.00
2860.00
2850.00
Our preference:
long positions above 2870.00 with targets at 2898.00 & 2912.00 in extension.
Alternative scenario:
below 2870.00 look for further downside with 2860.00 & 2850.00 as targets.
Comment:
the next resistances are at 2898.00 and then at 2912.00.
Supports and resistances:
2928.00
2912.00
2898.00
2888.00 Last
2870.00
2860.00
2850.00
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