Gold Short Term: further advance
Apr 14, 2025 1:09 AM
long positions above 3050.00 with targets at 3380.00 & 3500.00 in extension.
Pivot: 3050.00
Our preference:
long positions above 3050.00 with targets at 3380.00 & 3500.00 in extension.
Alternative scenario:
below 3050.00 look for further downside with 2950.00 & 2830.00 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
3600.00 **
3500.00 ***
3380.00 ***
3223.00 Last
3050.00 ***
2950.00 ***
2830.00 ***
Our preference:
long positions above 3050.00 with targets at 3380.00 & 3500.00 in extension.
Alternative scenario:
below 3050.00 look for further downside with 2950.00 & 2830.00 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
3600.00 **
3500.00 ***
3380.00 ***
3223.00 Last
3050.00 ***
2950.00 ***
2830.00 ***
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