Gold Short Term: supported by a rising trend line
Jun 25, 2025 1:13 AM
long positions above 3130.00 with targets at 3500.00 & 3670.00 in extension.
Pivot: 3130.00
Our preference:
long positions above 3130.00 with targets at 3500.00 & 3670.00 in extension.
Alternative scenario:
below 3130.00 look for further downside with 2955.00 & 2835.00 as targets.
Comment:
the next resistances are at 3500.00 and then at 3670.00.
Supports and resistances:
3850.00 **
3670.00 ***
3500.00 ***
3323.94 Last
3130.00 ***
2955.00 ***
2835.00 ***
Our preference:
long positions above 3130.00 with targets at 3500.00 & 3670.00 in extension.
Alternative scenario:
below 3130.00 look for further downside with 2955.00 & 2835.00 as targets.
Comment:
the next resistances are at 3500.00 and then at 3670.00.
Supports and resistances:
3850.00 **
3670.00 ***
3500.00 ***
3323.94 Last
3130.00 ***
2955.00 ***
2835.00 ***
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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