Gold managed to hold below the resistance of 2625 and managed to hit another drop toward the 2587 levels.
The drop pressure still overshadows the market while facing resistances around 2605 and 2625.
Above 2625 will be the first strength sign of more advance toward 2660.
Below 2570 more of a drop will be expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 2584 | 2605 |
LEVEL2 | 2570 | 2625 |
LEVEL3 | 2536 | 2660 |
Join our responsible trading community – Open your Orbex account now!
The post Gold –20.12.2024 appeared first on Orbex Forex Trading Blog.