As projected yesterday and as seen on our previous chart, Gold hit the target at the 2353-56 zone.
Prices are facing the support around the 2345-50 zone, where as long as the market holds above it, a chance for an advance could hit the market with resistance at 2387.
Above 2387, more of a move toward 2415-30 will be expected.
Below 2345, more of a drop toward the 2315-18 zone could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2345-50 | 2367 |
| LEVEL2 | 2315-18 | 2387 |
| LEVEL3 | 2295 | 2415-30 |
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The post Gold – 05.07.2024 appeared first on Orbex Forex Trading Blog.
