Gold – 30.05.2024
Gold dropped further today and managed to close away from the support of 2320.
The chart shows that the market is facing a trading zone between support 2320 and resistance 2380.
Below 2320, more of a drop is expected, with the first support at around 2277.
Above 2380, more advance will be expected with resistance at 2405-10.
SUPPORT | RESISTANCE | |
LEVEL1 | 2320 | 2380 |
LEVEL2 | 2300 | 2405-10 |
LEVEL3 | 2277 | 2435 |
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