Gold met the target 2675 and higher as projected last week.
As we see over the Intraday chart, prices still hold above the support zone of 2642-49. If prices hold above it, another advance toward 2680-85 could be expected which in turn could push back for another drop correction.
Above 2685 more advance toward 2700 is expected.
Below 2642 more of a drop toward 2622-25 zone is likely.
SUPPORT | RESISTANCE | |
LEVEL1 | 2658 | 2680-85 |
LEVEL2 | 2642-49 | 2700 |
LEVEL3 | 2622-25 | 2725 |
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