Forex Trading Library

Gold – 18.09.2024

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Gold tested the support of 2563-65 yesterday before hitting a rebound.
As we see over the Intraday chart, market is facing resistance around 2582-84 and if prices remain below it, another drop toward the 2550 support will be expected.
Above 2584 the market could head for an advance toward the 2620-35 zone.
Below 2550 more of a drop to test the 2528-32 support zone could hit the market.

SUPPORT RESISTANCE
LEVEL1 2565 2582-84
LEVEL2 2550 2600
LEVEL3 2528-32 2620
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