Gold Intraday: intraday support around 3312.00
Apr 17, 2025 9:39 AM
long positions above 3312.00 with targets at 3360.00 & 3383.00 in extension.
Pivot: 3312.00
Our preference:
long positions above 3312.00 with targets at 3360.00 & 3383.00 in extension.
Alternative scenario:
below 3312.00 look for further downside with 3293.00 & 3266.00 as targets.
Comment:
a support base at 3312.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
3423.00
3383.00
3360.00
3321.29 Last
3312.00
3293.00
3266.00
Our preference:
long positions above 3312.00 with targets at 3360.00 & 3383.00 in extension.
Alternative scenario:
below 3312.00 look for further downside with 3293.00 & 3266.00 as targets.
Comment:
a support base at 3312.00 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
3423.00
3383.00
3360.00
3321.29 Last
3312.00
3293.00
3266.00
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