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Gold Intraday: the downside prevails

Oct 21, 2025 3:23 PM
short positions below 4200.00 with targets at 4055.00 & 4005.00 in extension.
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Pivot: 4200.00
Our preference:
short positions below 4200.00 with targets at 4055.00 & 4005.00 in extension.
Alternative scenario:
above 4200.00 look for further upside with 4270.00 & 4330.00 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
4330.00
4270.00
4200.00
4141.53 Last
4055.00
4005.00
3945.00
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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