Gold Intraday: further advance

Apr 16, 2025 9:32 AM

long positions above 3270.00 with targets at 3325.00 & 3350.00 in extension.

Pivot: 3270.00
Our preference:
long positions above 3270.00 with targets at 3325.00 & 3350.00 in extension.
Alternative scenario:
below 3270.00 look for further downside with 3245.00 & 3225.00 as targets.
Comment:
the immediate trend remains up and the momentum is strong.
Supports and resistances:
3380.00
3350.00
3325.00
3305.89 Last
3270.00
3245.00
3225.00

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