Gold Intraday: the downside prevails.

Limited Decrease
l
202506031027289717e22ee07adbaf979553e843796f68
XAUUSD+0%
2025-05-29 09:16Source:TC

Pivot: 3294.00

Our preference: short positions below 3294.00 with targets at 3260.00 & 3245.00 in extension.

Alternative scenario: above 3294.00 look for further upside with 3308.00 & 3325.00 as targets.

Comment: as long as 3294.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

3325.00

3308.00

3294.00

3275.55 Last

3260.00

3245.00

3230.00

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 05-29-2025 at 09:16 UTC+1

Price reference: 3275.55 last known on 05-29-2025 at 09:16 UTC+1

Investment horizon: INTRADAY

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