Gold Intraday: the downside prevails
Apr 1, 2025 5:41 PM
short positions below 3125.00 with targets at 3090.00 & 3065.00 in extension.
Pivot: 3125.00
Our preference:
short positions below 3125.00 with targets at 3090.00 & 3065.00 in extension.
Alternative scenario:
above 3125.00 look for further upside with 3150.00 & 3170.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
3170.00
3150.00
3125.00
3112.00 Last
3090.00
3065.00
3035.00
Our preference:
short positions below 3125.00 with targets at 3090.00 & 3065.00 in extension.
Alternative scenario:
above 3125.00 look for further upside with 3150.00 & 3170.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
3170.00
3150.00
3125.00
3112.00 Last
3090.00
3065.00
3035.00
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