Gold – 26.08.2024

Gold – 26.08.2024

Gold tested the support trend at 2468-70 and held prices above.

The market managed to advance above the intraday resistance of 2500-05 which could maintain an advance toward 2535 and 2555.

Prices now face supports around 2515 and 2500.

Below 2500 more of a drop toward 2470-75 is likely.

SUPPORT RESISTANCE
LEVEL1 2515 2530-35
LEVEL2 2500-05 2555
LEVEL3 2468-70 2575

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