Gold managed to break above the Intraday resistance at 2510 while the uptrend wave is still ongoing toward the targets of 2535 and 2575.
As long as the market keep holding above 2505-10, the uptrend wave will remain.
Below 2505, a chance for a further drop could hit the market with support at 2469-79.
SUPPORT | RESISTANCE | |
LEVEL1 | 2505-10 | 2535 |
LEVEL2 | 2469-79 | 2555 |
LEVEL3 | 2430-40 | 2575 |
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