Gold Intraday: the upside prevails
Apr 11, 2025 12:00 PM
long positions above 3187.00 with targets at 3250.00 & 3275.00 in extension.
Pivot: 3187.00
Our preference:
long positions above 3187.00 with targets at 3250.00 & 3275.00 in extension.
Alternative scenario:
below 3187.00 look for further downside with 3155.00 & 3130.00 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
3300.00
3275.00
3250.00
3221.49 Last
3187.00
3155.00
3130.00
Our preference:
long positions above 3187.00 with targets at 3250.00 & 3275.00 in extension.
Alternative scenario:
below 3187.00 look for further downside with 3155.00 & 3130.00 as targets.
Comment:
investors have to remain cautious since these levels may trigger profit taking.
Supports and resistances:
3300.00
3275.00
3250.00
3221.49 Last
3187.00
3155.00
3130.00
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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