Gold Intraday: the downside prevails

Apr 30, 2025 9:33 AM

short positions below 3303.00 with targets at 3264.00 & 3243.00 in extension.

Pivot: 3303.00
Our preference:
short positions below 3303.00 with targets at 3264.00 & 3243.00 in extension.
Alternative scenario:
above 3303.00 look for further upside with 3330.00 & 3340.00 as targets.
Comment:
the break below 3303.00 is a negative signal that has opened a path to 3264.00.
Supports and resistances:
3340.00
3330.00
3303.00
3286.98 Last
3264.00
3243.00
3225.00

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