Gold Intraday: intraday support around 3025.00
Mar 20, 2025 1:59 PM
long positions above 3025.00 with targets at 3046.00 & 3057.00 in extension.
Pivot: 3025.00
Our preference:
long positions above 3025.00 with targets at 3046.00 & 3057.00 in extension.
Alternative scenario:
below 3025.00 look for further downside with 3016.00 & 3005.00 as targets.
Comment:
the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
3068.00
3057.00
3046.00
3034.96 Last
3025.00
3016.00
3005.00
Our preference:
long positions above 3025.00 with targets at 3046.00 & 3057.00 in extension.
Alternative scenario:
below 3025.00 look for further downside with 3016.00 & 3005.00 as targets.
Comment:
the RSI is below its neutrality area at 50% but reversing up.
Supports and resistances:
3068.00
3057.00
3046.00
3034.96 Last
3025.00
3016.00
3005.00
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