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Gold Intraday: the upside prevails

May 20, 2025 11:06 PM
long positions above 3265.00 with targets at 3320.00 & 3345.00 in extension.
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Pivot: 3265.00
Our preference:
long positions above 3265.00 with targets at 3320.00 & 3345.00 in extension.
Alternative scenario:
below 3265.00 look for further downside with 3248.00 & 3235.00 as targets.
Comment:
the RSI shows upside momentum.
Supports and resistances:
3368.00
3345.00
3320.00
3296.00 Last
3265.00
3248.00
3235.00
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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