Gold Intraday: continuation of the rebound
Apr 8, 2025 9:11 AM
long positions above 2978.00 with targets at 3045.00 & 3067.00 in extension.
Pivot: 2978.00
Our preference:
long positions above 2978.00 with targets at 3045.00 & 3067.00 in extension.
Alternative scenario:
below 2978.00 look for further downside with 2954.00 & 2931.00 as targets.
Comment:
the RSI is bullish and calls for further upside.
Supports and resistances:
3097.00
3067.00
3045.00
3007.16 Last
2978.00
2954.00
2931.00
Our preference:
long positions above 2978.00 with targets at 3045.00 & 3067.00 in extension.
Alternative scenario:
below 2978.00 look for further downside with 2954.00 & 2931.00 as targets.
Comment:
the RSI is bullish and calls for further upside.
Supports and resistances:
3097.00
3067.00
3045.00
3007.16 Last
2978.00
2954.00
2931.00
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