Gold Intraday: bounce
Apr 7, 2025 5:04 AM
long positions above 2999.00 with targets at 3062.00 & 3082.00 in extension.

Pivot: 2999.00
Our preference:
long positions above 2999.00 with targets at 3062.00 & 3082.00 in extension.
Alternative scenario:
below 2999.00 look for further downside with 2972.00 & 2954.00 as targets.
Comment:
the RSI calls for a bounce.
Supports and resistances:
3107.00
3082.00
3062.00
3031.55 Last
2999.00
2972.00
2954.00
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