Gold Intraday: under pressure
Mar 11, 2025 12:54 AM
short positions below 2898.00 with targets at 2878.00 & 2870.00 in extension.
Pivot: 2898.00
Our preference:
short positions below 2898.00 with targets at 2878.00 & 2870.00 in extension.
Alternative scenario:
above 2898.00 look for further upside with 2908.00 & 2917.00 as targets.
Comment:
the RSI is mixed to bearish.
Supports and resistances:
2917.00
2908.00
2898.00
2886.12 Last
2878.00
2870.00
2855.00
Our preference:
short positions below 2898.00 with targets at 2878.00 & 2870.00 in extension.
Alternative scenario:
above 2898.00 look for further upside with 2908.00 & 2917.00 as targets.
Comment:
the RSI is mixed to bearish.
Supports and resistances:
2917.00
2908.00
2898.00
2886.12 Last
2878.00
2870.00
2855.00
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