Gold Intraday: the downside prevails
Apr 4, 2025 2:03 PM
short positions below 3090.00 with targets at 3054.00 & 3036.00 in extension.
Pivot: 3090.00
Our preference:
short positions below 3090.00 with targets at 3054.00 & 3036.00 in extension.
Alternative scenario:
above 3090.00 look for further upside with 3107.00 & 3134.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
3134.00
3107.00
3090.00
3068.13 Last
3054.00
3036.00
3014.00
Our preference:
short positions below 3090.00 with targets at 3054.00 & 3036.00 in extension.
Alternative scenario:
above 3090.00 look for further upside with 3107.00 & 3134.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
3134.00
3107.00
3090.00
3068.13 Last
3054.00
3036.00
3014.00
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