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 |
|
Join our responsible trading community – Open your Orbex account now! |
The post Gold – 26.08.2024 appeared first on Orbex Forex Trading Blog.
