Gold Intraday: intraday support around 3187.00
May 16, 2025 9:34 PM
long positions above 3187.00 with targets at 3210.00 & 3230.00 in extension.
Pivot: 3187.00
Our preference:
long positions above 3187.00 with targets at 3210.00 & 3230.00 in extension.
Alternative scenario:
below 3187.00 look for further downside with 3172.00 & 3155.00 as targets.
Comment:
the next resistances are at 3210.00 and then at 3230.00.
Supports and resistances:
3251.00
3230.00
3210.00
3202.28 Last
3187.00
3172.00
3155.00
Our preference:
long positions above 3187.00 with targets at 3210.00 & 3230.00 in extension.
Alternative scenario:
below 3187.00 look for further downside with 3172.00 & 3155.00 as targets.
Comment:
the next resistances are at 3210.00 and then at 3230.00.
Supports and resistances:
3251.00
3230.00
3210.00
3202.28 Last
3187.00
3172.00
3155.00
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Gold
4530.91
52.07999999999993
+116.30%
