Gold Intraday: further advance
May 23, 2025 1:51 PM
long positions above 3320.00 with targets at 3370.00 & 3395.00 in extension.
Pivot: 3320.00
Our preference:
long positions above 3320.00 with targets at 3370.00 & 3395.00 in extension.
Alternative scenario:
below 3320.00 look for further downside with 3280.00 & 3245.00 as targets.
Comment:
the next resistances are at 3370.00 and then at 3395.00.
Supports and resistances:
3415.00
3395.00
3370.00
3347.06 Last
3320.00
3280.00
3245.00
Our preference:
long positions above 3320.00 with targets at 3370.00 & 3395.00 in extension.
Alternative scenario:
below 3320.00 look for further downside with 3280.00 & 3245.00 as targets.
Comment:
the next resistances are at 3370.00 and then at 3395.00.
Supports and resistances:
3415.00
3395.00
3370.00
3347.06 Last
3320.00
3280.00
3245.00
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
4535.35
56.52000000000044
+126.20%
