Gold Intraday: caution
Mar 5, 2025 3:56 AM
long positions above 2900.00 with targets at 2928.00 & 2942.00 in extension.
Pivot: 2900.00
Our preference:
long positions above 2900.00 with targets at 2928.00 & 2942.00 in extension.
Alternative scenario:
below 2900.00 look for further downside with 2886.00 & 2877.00 as targets.
Comment:
the RSI is mixed and calls for caution.
Supports and resistances:
2955.00
2942.00
2928.00
2907.80 Last
2900.00
2886.00
2877.00
Our preference:
long positions above 2900.00 with targets at 2928.00 & 2942.00 in extension.
Alternative scenario:
below 2900.00 look for further downside with 2886.00 & 2877.00 as targets.
Comment:
the RSI is mixed and calls for caution.
Supports and resistances:
2955.00
2942.00
2928.00
2907.80 Last
2900.00
2886.00
2877.00
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