Gold Intraday: key resistance at 3016.00
Mar 24, 2025 8:32 PM
short positions below 3016.00 with targets at 2999.00 & 2989.00 in extension.
Pivot: 3016.00
Our preference:
short positions below 3016.00 with targets at 2999.00 & 2989.00 in extension.
Alternative scenario:
above 3016.00 look for further upside with 3026.00 & 3036.00 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 3016.00.
Supports and resistances:
3036.00
3026.00
3016.00
3011.25 Last
2999.00
2989.00
2979.00
Our preference:
short positions below 3016.00 with targets at 2999.00 & 2989.00 in extension.
Alternative scenario:
above 3016.00 look for further upside with 3026.00 & 3036.00 as targets.
Comment:
the upward potential is likely to be limited by the resistance at 3016.00.
Supports and resistances:
3036.00
3026.00
3016.00
3011.25 Last
2999.00
2989.00
2979.00
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