Gold managed to hit the target of 2620-30 as projected last week.
As we see over the chart, the market is facing Intraday resistance around 2640-43. If prices hold below it, then another drop back toward 2585-88 is likely.
Above 2643 more advance toward 2680-90 could hit the market.
SUPPORT | RESISTANCE | |
LEVEL1 | 2607 | 2640-43 |
LEVEL2 | 2588 | 2665 |
LEVEL3 | 2554 | 2685 |
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