Gold Intraday: caution

Aug 8, 2025 1:29 AM

long positions above 3384.00 with targets at 3408.00 & 3420.00 in extension.

Pivot: 3384.00
Our preference:
long positions above 3384.00 with targets at 3408.00 & 3420.00 in extension.
Alternative scenario:
below 3384.00 look for further downside with 3370.00 & 3358.00 as targets.
Comment:
the RSI is mixed and calls for caution.
Supports and resistances:
3430.00
3420.00
3408.00
3388.80 Last
3384.00
3370.00
3358.00

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