Gold Intraday: rebound
Jun 17, 2025 11:22 AM
long positions above 3374.00 with targets at 3421.00 & 3435.00 in extension.
Pivot: 3374.00
Our preference:
long positions above 3374.00 with targets at 3421.00 & 3435.00 in extension.
Alternative scenario:
below 3374.00 look for further downside with 3360.00 & 3345.00 as targets.
Comment:
the RSI broke above a bearish trend line.
Supports and resistances:
3450.00
3435.00
3421.00
3396.56 Last
3374.00
3360.00
3345.00
Our preference:
long positions above 3374.00 with targets at 3421.00 & 3435.00 in extension.
Alternative scenario:
below 3374.00 look for further downside with 3360.00 & 3345.00 as targets.
Comment:
the RSI broke above a bearish trend line.
Supports and resistances:
3450.00
3435.00
3421.00
3396.56 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.
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