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Gold 25.3.2025
General Trend:
Gold continues to trade in an uptrend, finding support near 3006.18 and showing signs of a potential rebound after a pullback from the high near 3059.02.
Expected Scenario:
Bullish Scenario:
- Holding above 3021.65 may lead to a retest of the 3059.02 high.
- A breakout above 3059.02 could open the way toward 3080.00.
Bearish Scenario:
- A drop below 3006.18 may lead to further decline toward 2997.91.
- Breaching 2997.91 could deepen the correction to 2975.00.
Key Levels:
Resistances: 3021.65 – 3059.02 – 3080.00
Supports: 3006.18 – 2997.91 – 2975.00
Disclosure of risk: Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.
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