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Gold 02.08.2024

Gold 02.08.2024

  • By Admin
Gold 02.08.2024

Gold managed to break above the resistance of 2431-35 and met the target of 2460.

As we see on the chart, Intraday levels show the first support around 2430 and if prices hold above, the chance is still valid for farther advance to test trend resistance of 2482-87. Below 2430, this will be the first weak signal for a drop with supports at 2400 and 2370.

 

SUPPORT RESISTANCE
LEVEL1 2430 2482-87
LEVEL2 2400 2535
LEVEL3 2370 2565

The post Gold 02.08.2024 appeared first on Orbex Forex Trading Blog.

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