Gold managed to break above 2318 where the market is now inside our target zone of 2335-38.
As we see on the chart, a possible trading zone between the support 2315-18 and resistance 2358-60 could hold the market while eyes on US PCE index today.
Below 2315, more of a drop to re-test the support trend of 2290-92 could hit the market.
A daily close above 2360 could activate a further advance.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2315-18 | 2358-60 |
| LEVEL2 | 2290-92 | 2387 |
| LEVEL3 | 2277 | 2415 |
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The post Gold – 28.06.2024 appeared first on Orbex Forex Trading Blog.
