Gold Intraday: the downside prevails
Jun 17, 2025 7:01 AM
short positions below 3405.00 with targets at 3374.00 & 3360.00 in extension.
Pivot: 3405.00
Our preference:
short positions below 3405.00 with targets at 3374.00 & 3360.00 in extension.
Alternative scenario:
above 3405.00 look for further upside with 3421.00 & 3435.00 as targets.
Comment:
as long as the resistance at 3405.00 is not surpassed, the risk of the break below 3374.00 remains high.
Supports and resistances:
3435.00
3421.00
3405.00
3387.03 Last
3374.00
3360.00
3345.00
Our preference:
short positions below 3405.00 with targets at 3374.00 & 3360.00 in extension.
Alternative scenario:
above 3405.00 look for further upside with 3421.00 & 3435.00 as targets.
Comment:
as long as the resistance at 3405.00 is not surpassed, the risk of the break below 3374.00 remains high.
Supports and resistances:
3435.00
3421.00
3405.00
3387.03 Last
3374.00
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.
Related Instruments
Gold
4478.83
-18.840000000000146
-41.90%
