Gold Intraday: under pressure
Apr 4, 2025 9:02 AM
short positions below 3108.00 with targets at 3063.00 & 3054.00 in extension.
Pivot: 3108.00
Our preference:
short positions below 3108.00 with targets at 3063.00 & 3054.00 in extension.
Alternative scenario:
above 3108.00 look for further upside with 3119.00 & 3133.00 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
3133.00
3119.00
3108.00
3081.98 Last
3063.00
3054.00
3036.00
Our preference:
short positions below 3108.00 with targets at 3063.00 & 3054.00 in extension.
Alternative scenario:
above 3108.00 look for further upside with 3119.00 & 3133.00 as targets.
Comment:
the RSI is bearish and calls for further downside.
Supports and resistances:
3133.00
3119.00
3108.00
3081.98 Last
3063.00
3054.00
3036.00
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