GOLD 12.5.2025

Technical Analysis
Monday, May 12, 2025 - 12:27
Point Trader Group

General Trend:

Gold is testing a strong support zone between 3222 and 3193 after a sharp drop, with potential for a technical rebound.

Expected Scenario:

Bullish Scenario:

- Holding above 3193 may support a bounce toward 3320 and 3432.

Bearish Scenario:

- A break below 3193 could lead to deeper losses toward 3100.

Key Levels:

Resistances: 3320 – 3432 – 3489  

Supports: 3222 – 3193 – 3100

  Disclosure of risk:     Point Trader Group will not accept liability for any loss or damage as a result of reliance on the provided information.


Related Topics

REQUEST A CALL BACK

Get financial advice from Point Trader Group experts.

YOU CAN TRUST POINT TRADER GROUP

For free expert financial advice.