Gold remained below the resistance 2675 as projected last Friday while support at 2620-22 managed to push for a rebound.
As we see over the chart a trading zone between 2620-22 and 2658-60 could control the market.
Below 2620 more of a drop could hit the market with supports at 2605 and 2575.
Above 2675 more advance is likely with resistances at 2688 and 2710.
SUPPORT | RESISTANCE | |
LEVEL1 | 2620-22 | 2658-60 |
LEVEL2 | 2605 | 2675 |
LEVEL3 | 2570-75 | 2688 |
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