Gold – 09.09.2024

Gold – 09.09.2024

Gold managed to advance toward the target zone of 2522-32 and printed a high of 2528 last Friday.
Gold failed to break this resistance zone and managed to activate another drop wave toward 2485 so far.
As we see over the chart, Gold could maintain this trading zone between support 2468-70 and resistance 2520-32.
Above 2532 more advance toward 2555 and 2575 will be expected.
Below 2468 more of a drop toward 2430-40 zone will be expected.

SUPPORT RESISTANCE
LEVEL1 2468-70 2500
LEVEL2 2430-40 2515
LEVEL3 2400 2532

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