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Gold 3.4.2025
General Trend:
After a strong rally, gold saw a sharp drop following a failure to stay above 3150.00. It is now trading near the support at 3076.55.
Expected Scenario:
Bullish Scenario:
- If the price holds above 3076.55, a rebound toward 3100.81 and then 3125.00 is possible.
Bearish Scenario:
- A break below 3076.55 could push the price down to 3058.16 and 3052.58.
Key Levels:
Resistances: 3100.81 – 3125.00 – 3150.00
Supports: 3076.55 – 3058.16 – 3052.58
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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