7 April 2025 Analysis (Technical Analysis)XAU/USD (Gold)
Date : 7 April 2025
Momentum : Down
First Scenario : short positions below 3,055.52 with targets at 3,016.63, 2,999.44 and 2,978.48
Second Scenario : long positions above 3,055.52 with targets at 3,078.44, 3,097.84 and 3,120.03
Comment : The price movement is no clear trend.
Supports and resistances :
3,120.03 **
3,097.84 *
3,078.44
3,036.82 - Last price
3,016.63
2,999.44 *
2,978.48 **
Warning : This information is not a buy-sell signal.