Gold Intraday: intraday support around 2930.00
Mar 13, 2025 10:07 AM
long positions above 2930.00 with targets at 2955.00 & 2965.00 in extension.
Pivot: 2930.00
Our preference:
long positions above 2930.00 with targets at 2955.00 & 2965.00 in extension.
Alternative scenario:
below 2930.00 look for further downside with 2921.00 & 2908.00 as targets.
Comment:
a support base at 2930.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
2990.00
2965.00
2955.00
2945.99 Last
2930.00
2921.00
2908.00
Our preference:
long positions above 2930.00 with targets at 2955.00 & 2965.00 in extension.
Alternative scenario:
below 2930.00 look for further downside with 2921.00 & 2908.00 as targets.
Comment:
a support base at 2930.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
2990.00
2965.00
2955.00
2945.99 Last
2930.00
2921.00
2908.00
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