Gold is still trying to hit a correction while market facing first Intraday support around 2770.
As we see on the chart, below 2770 prices could head for a drop toward 2760 or 2745 where one of those supports could activate an advance wave again.
However, if prices remain above the first support 2770, this could keep the advance going.
SUPPORT | RESISTANCE | |
LEVEL1 | 2770 | 2790 |
LEVEL2 | 2760 | 2800 |
LEVEL3 | 2740-45 | 2820 |
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