Gold hit the target of 2728 yesterday and pushed for a further drop to test support at 2714.
As we see over the chart, Intraday levels show the resistance level around 2740 which could create some trading zone toward the 2722-26 support.
Above 2740 more advance could hit the market where the target will be toward 2775.
Below 2701 more of a drop to test 2680-85 could hit the market.
SUPPORT | RESISTANCE | |
LEVEL1 | 2722-26 | 2740 |
LEVEL2 | 2714 | 2758 |
LEVEL3 | 2701-05 | 2775 |
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