Gold – 17.07.2024
![Gold – 17.07.2024](https://assets.iorbex.com/blog/wp-content/uploads/2024/07/17161203/gold-chart-17.07.2024-750x430.png)
Gold managed to meet the target and advance above it where managed to break above the all time high of 2450.
As we see on the chart, the market is facing resistance around 2482 which could push for a correction to test the 2450 support which in turn could activate more advanced movement.
Below 2450, the market will face a second support around 2430-35 which in turn could push for another advance wave.
Above 2482, more advance toward 2500 and 2535 will be expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 2450 | 2482 |
LEVEL2 | 2430-35 | 2500 |
LEVEL3 | 2392-95 | 2535 |
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