Gold Intraday: under pressure
Apr 7, 2025 8:19 PM
short positions below 3000.00 with targets at 2954.00 & 2931.00 in extension.
Pivot: 3000.00
Our preference:
short positions below 3000.00 with targets at 2954.00 & 2931.00 in extension.
Alternative scenario:
above 3000.00 look for further upside with 3015.00 & 3045.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
3045.00
3015.00
3000.00
2970.96 Last
2954.00
2931.00
2909.00
Our preference:
short positions below 3000.00 with targets at 2954.00 & 2931.00 in extension.
Alternative scenario:
above 3000.00 look for further upside with 3015.00 & 3045.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
3045.00
3015.00
3000.00
2970.96 Last
2954.00
2931.00
2909.00
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