Gold managed to sustain the advance wave as we projected last week.
As we see on the Intraday chart, the market is facing a possible trading zone between the support of 2425-30 and resistance 2445-50.
Above 2450 more advance will be expected with resistances at 2460 and 2482-87.
Below 2425 more of a drop will be expected with supports at 2400 and 2370-75.
SUPPORT | RESISTANCE | |
LEVEL1 | 2425-30 | 2445-50 |
LEVEL2 | 2400 | 2460 |
LEVEL3 | 2370-75 | 2482-87 |
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