Gold managed to break above the 2720 resistance and managed to add more advance toward 2736 today.
AS we see on the chart, Intraday levels showing resistance around 2736-40 which could push for a drop toward the 2701-04 zone which in turn could activate another advance again.
Below 2700 more of a drop could hit the market with support around 2680-85.
Above 2740 more advance toward 2775 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2701-04 | 2736-40 |
| LEVEL2 | 2685 | 2775 |
| LEVEL3 | 2666 | 2800 |
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The post Gold – 21.10.2024 appeared first on Orbex Forex Trading Blog.
