Gold Intraday: further advance

Mar 11, 2025 11:05 PM

long positions above 2908.00 with targets at 2923.00 & 2930.00 in extension.

Pivot: 2908.00
Our preference:
long positions above 2908.00 with targets at 2923.00 & 2930.00 in extension.
Alternative scenario:
below 2908.00 look for further downside with 2902.00 & 2895.00 as targets.
Comment:
the break above 2908.00 is a positive signal that has opened a path to 2923.00.
Supports and resistances:
2938.00
2930.00
2923.00
2917.26 Last
2908.00
2902.00
2895.00

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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