Forex Trading Library

Gold – 31.05.2024

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Gold remains pressured with still low trading volume as prices just about hold above 2320.

As we see on the chart, prices are trading between the support of 2320 and resisance 2380.

Below 2320, more of a drop will be expected with support around 2277.

Above 2380, more advance will be expected with resistance laying at 2405-10

 

SUPPORT RESISTANCE
LEVEL1 2320 2365
LEVEL2 2300 2380
LEVEL3 2277 2405-10

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