Gold Intraday: under pressure
Jun 17, 2025 3:18 AM
short positions below 3412.00 with targets at 3375.00 & 3360.00 in extension.
Pivot: 3412.00
Our preference:
short positions below 3412.00 with targets at 3375.00 & 3360.00 in extension.
Alternative scenario:
above 3412.00 look for further upside with 3430.00 & 3450.00 as targets.
Comment:
the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
3450.00
3430.00
3412.00
3399.47 Last
3375.00
3360.00
3345.00
Our preference:
short positions below 3412.00 with targets at 3375.00 & 3360.00 in extension.
Alternative scenario:
above 3412.00 look for further upside with 3430.00 & 3450.00 as targets.
Comment:
the RSI has just struck against its neutrality area at 50% and is reversing down.
Supports and resistances:
3450.00
3430.00
3412.00
3399.47 Last
3375.00
3360.00
3345.00
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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