[2025-10-31] Gold Intraday: bullish bias above 3980.00.

Description

Pivot: 3980.00

Our preference: long positions above 3980.00 with targets at 4060.00 & 4100.00 in extension.

Alternative scenario: below 3980.00 look for further downside with 3955.00 & 3920.00 as targets.

Comment: the RSI is mixed with a bullish bias.

Supports and resistances:

4138.00

4100.00

4060.00

4024.54 Last

3980.00

3955.00

3920.00

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