Gold Intraday: further upside
Mar 27, 2025 10:58 AM
long positions above 3034.00 with targets at 3057.00 & 3070.00 in extension.
Pivot: 3034.00
Our preference:
long positions above 3034.00 with targets at 3057.00 & 3070.00 in extension.
Alternative scenario:
below 3034.00 look for further downside with 3023.00 & 3013.00 as targets.
Comment:
the break above the resistance at 3034.00 triggered an upward acceleration to 3057.00.
Supports and resistances:
3100.00
3070.00
3057.00
3053.31 Last
3034.00
3023.00
3013.00
Our preference:
long positions above 3034.00 with targets at 3057.00 & 3070.00 in extension.
Alternative scenario:
below 3034.00 look for further downside with 3023.00 & 3013.00 as targets.
Comment:
the break above the resistance at 3034.00 triggered an upward acceleration to 3057.00.
Supports and resistances:
3100.00
3070.00
3057.00
3053.31 Last
3034.00
3023.00
3013.00
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.
Related Instruments
Gold
4530.91
52.07999999999993
+116.30%
