Gold Short Term: further advance
Apr 14, 2025 1:09 AM
long positions above 3050.00 with targets at 3380.00 & 3500.00 in extension.
Pivot: 3050.00
Our preference:
long positions above 3050.00 with targets at 3380.00 & 3500.00 in extension.
Alternative scenario:
below 3050.00 look for further downside with 2950.00 & 2830.00 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
3600.00 **
3500.00 ***
3380.00 ***
3223.00 Last
3050.00 ***
2950.00 ***
2830.00 ***
Our preference:
long positions above 3050.00 with targets at 3380.00 & 3500.00 in extension.
Alternative scenario:
below 3050.00 look for further downside with 2950.00 & 2830.00 as targets.
Comment:
the RSI is bullish and calls for further advance.
Supports and resistances:
3600.00 **
3500.00 ***
3380.00 ***
3223.00 Last
3050.00 ***
2950.00 ***
2830.00 ***
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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