Gold Intraday: further upside
Mar 27, 2025 10:58 AM
long positions above 3034.00 with targets at 3057.00 & 3070.00 in extension.
Pivot: 3034.00
Our preference:
long positions above 3034.00 with targets at 3057.00 & 3070.00 in extension.
Alternative scenario:
below 3034.00 look for further downside with 3023.00 & 3013.00 as targets.
Comment:
the break above the resistance at 3034.00 triggered an upward acceleration to 3057.00.
Supports and resistances:
3100.00
3070.00
3057.00
3053.31 Last
3034.00
3023.00
3013.00
Our preference:
long positions above 3034.00 with targets at 3057.00 & 3070.00 in extension.
Alternative scenario:
below 3034.00 look for further downside with 3023.00 & 3013.00 as targets.
Comment:
the break above the resistance at 3034.00 triggered an upward acceleration to 3057.00.
Supports and resistances:
3100.00
3070.00
3057.00
3053.31 Last
3034.00
3023.00
3013.00
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