Gold is still holding in the current trading zone between the 2277 support and 2350-60 resistance areas.
As we see over the Intraday levels, the market is facing the first support around 2315-18, where as long as prices hold above it, an advance movement will have the chance toward the 2387 resistance zone.
Below 2277, more of a drop toward 2230 and 2200 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2315-18 | 2340 |
| LEVEL2 | 2277 | 2365 |
| LEVEL3 | 2230 | 2387 |
|
Join our responsible trading community - Open your Orbex account now! |