Gold managed to print a 2393 low last week while the market still holds trades above the second support 2388.
We predicted last week, if prices hold above 2388 a rebound correction could hit toward 2480.
As we see over the chart market will face Intraday resistances around 2425-30 and 2455-60.
Below 2388, the market could drop toward 2315 while mid support 2350 could push for rebound.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2388 | 2425-30 |
| LEVEL2 | 2350 | 2455-60 |
| LEVEL3 | 2315 | 2480 |
|
Join our responsible trading community - Open your Orbex account now! |