Gold Intraday: the downside prevails
Oct 29, 2025 8:47 PM
short positions below 3973.00 with targets at 3913.00 & 3884.00 in extension.
Pivot: 3973.00
Our preference:
short positions below 3973.00 with targets at 3913.00 & 3884.00 in extension.
Alternative scenario:
above 3973.00 look for further upside with 4010.00 & 4030.00 as targets.
Comment:
the break below the support at 3973.00 triggered a bearish acceleration to the support at 3913.00.
Supports and resistances:
4030.00
4010.00
3973.00
3945.09 Last
3913.00
3884.00
3862.00
Our preference:
short positions below 3973.00 with targets at 3913.00 & 3884.00 in extension.
Alternative scenario:
above 3973.00 look for further upside with 4010.00 & 4030.00 as targets.
Comment:
the break below the support at 3973.00 triggered a bearish acceleration to the support at 3913.00.
Supports and resistances:
4030.00
4010.00
3973.00
3945.09 Last
3913.00
3884.00
3862.00
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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Gold
4332.59
-8.639999999999418
-19.90%
