Market Analysis of Gold on Thursday 31 July 2025

2025-07-31 10:03Source:BtcDana

Gold Intraday: key resistance at 3302.00.

 

Pivot:

3302.00

 

Our preference:

Short positions below 3302.00 with targets at 3260.00 & 3247.00 in extension.

 

Alternative scenario:

Above 3302.00 look for further upside with 3314.00 & 3333.00 as targets.

 

Comment:

As long as the resistance at 3302.00 is not surpassed, the risk of the break below 3260.00 remains high.

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