Gold Intraday: under pressure
Apr 8, 2025 8:40 PM
short positions below 2995.00 with targets at 2951.00 & 2931.00 in extension.
Pivot: 2995.00
Our preference:
short positions below 2995.00 with targets at 2951.00 & 2931.00 in extension.
Alternative scenario:
above 2995.00 look for further upside with 3018.00 & 3045.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
3045.00
3018.00
2995.00
2980.00 Last
2951.00
2931.00
2909.00
Our preference:
short positions below 2995.00 with targets at 2951.00 & 2931.00 in extension.
Alternative scenario:
above 2995.00 look for further upside with 3018.00 & 3045.00 as targets.
Comment:
the RSI is below its neutrality area at 50%
Supports and resistances:
3045.00
3018.00
2995.00
2980.00 Last
2951.00
2931.00
2909.00
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