Gold advanced today to print a high of 2758.
As we see on the chart, Intraday levels show the first support around 2748. If prices remain above it, the advance movement could sustain to test the 2762-65 resistance which in turn could push for a correction.
Below 2748 more of a drop could hit the market toward 2738 and 2728.
Above 2765 prices could head for further advance toward 2785.
SUPPORT | RESISTANCE | |
LEVEL1 | 2748 | 2762-65 |
LEVEL2 | 2728 | 2785 |
LEVEL3 | 2716 | 2800 |
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