Forex Trading Library

Gold – 28.06.2024

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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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