Market Analysis of Gold on Monday 27 July 2025

2025-07-28 10:20Source:BtcDana

Gold Intraday: key resistance at 3350.00.

 

Pivot:

3350.00

 

Our preference:

Short positions below 3350.00 with targets at 3320.00 & 3309.00 in extension.

 

Alternative scenario:

Above 3350.00 look for further upside with 3365.00 & 3375.00 as targets.

 

Comment:

As long as the resistance at 3350.00 is not surpassed, the risk of the break below 3320.00 remains high.

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