Gold Intraday: key resistance at 3345.00
May 8, 2025 11:10 PM
short positions below 3345.00 with targets at 3288.00 & 3272.00 in extension.
Pivot: 3345.00
Our preference:
short positions below 3345.00 with targets at 3288.00 & 3272.00 in extension.
Alternative scenario:
above 3345.00 look for further upside with 3368.00 & 3392.00 as targets.
Comment:
as long as the resistance at 3345.00 is not surpassed, the risk of the break below 3288.00 remains high.
Supports and resistances:
3392.00
3368.00
3345.00
3323.00 Last
3288.00
3272.00
3252.00
Our preference:
short positions below 3345.00 with targets at 3288.00 & 3272.00 in extension.
Alternative scenario:
above 3345.00 look for further upside with 3368.00 & 3392.00 as targets.
Comment:
as long as the resistance at 3345.00 is not surpassed, the risk of the break below 3288.00 remains high.
Supports and resistances:
3392.00
3368.00
3345.00
3323.00 Last
3288.00
3272.00
3252.00
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
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Gold
4530.91
52.07999999999993
+116.30%
