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Gold Intraday: bullish bias above 3352.00

Aug 5, 2025 9:31 AM
long positions above 3352.00 with targets at 3383.00 & 3395.00 in extension.
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Pivot: 3352.00
Our preference:
long positions above 3352.00 with targets at 3383.00 & 3395.00 in extension.
Alternative scenario:
below 3352.00 look for further downside with 3333.00 & 3314.00 as targets.
Comment:
even though a continuation of the consolidation cannot be ruled out, its extent should be limited.
Supports and resistances:
3420.00
3395.00
3383.00
3366.62 Last
3352.00
3333.00
3314.00
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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