Gold Intraday: Support Focus 3321

Published on 8 July 2025 at 14:50

Important level to watch- 3321(4 hour chart) 

                                                            Half Latest Price Strength

Potential Upside Bias:Renewed price strength has emerged and while 4 hourly closes are seen above support at 3321(half latest upside)the potential is to break resistance at 3374 (62% retracement),then test 3396(June 22nd high).

Potential Downside Bias:

4 hourly closes below the 3321 level suggests potential for retests of the next support at 3296(July 7th low), possibly further.

Curent Outlook:

Upside potential while prices remain above 3321.

 

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