Gold Intraday: under pressure
Feb 25, 2025 4:05 PM
short positions below 2918.00 with targets at 2895.00 & 2887.00 in extension.
Pivot: 2918.00
Our preference:
short positions below 2918.00 with targets at 2895.00 & 2887.00 in extension.
Alternative scenario:
above 2918.00 look for further upside with 2928.00 & 2942.00 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
2942.00
2928.00
2918.00
2905.00 Last
2895.00
2887.00
2877.00
Our preference:
short positions below 2918.00 with targets at 2895.00 & 2887.00 in extension.
Alternative scenario:
above 2918.00 look for further upside with 2928.00 & 2942.00 as targets.
Comment:
the RSI has broken down its 30 level.
Supports and resistances:
2942.00
2928.00
2918.00
2905.00 Last
2895.00
2887.00
2877.00
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
3642.720
9.110
+0.25%
