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Market Analysis of Gold on Tuesday 19 August 2025

19/08/2025 10:03:20Source:BtcDana

Gold Intraday: the downside prevails.

 

Pivot:

3344.00

 

Our preference:

Short positions below 3344.00 with targets at 3323.00 & 3312.00 in extension.

 

Alternative scenario:

Above 3344.00 look for further upside with 3358.00 & 3366.00 as targets.

 

Comment:

As long as 3344.00 is resistance, look for choppy price action with a bearish bias.

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