Forex Trading Library

Gold – 03.06.2024

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Gold managed to print a few dollars below the support 2320 before a market rebound.

As we see on the chart, prices still have a chance for another move higher if prices stay above the support of 2315-20 with a resistance at 2355.

Below 2315, a drop will be expected, with supports laying at 2300 and 2277.

Above 2355, more advance will be expected toward 2380

 

SUPPORT RESISTANCE
LEVEL1 2315-20 2355
LEVEL2 2300 2380
LEVEL3 2277 2405-10

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