Forex Trading Library

Gold – 09.07.2024

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Gold managed yesterday to break below the 2368 support and managed to sustain a drop toward the support level of 2350. This managed again to push the market for a rebound toward 2368 resistance.
On the chart , the market is facing a trading zone between the support of 2350 and the resistance 2368 before resuming the advance toward 2387.
Below 2350 more of a drop toward 2315-18 and 2300 could hit the market.

LEVEL1 2350 2368
LEVEL2 2315-18 2387
LEVEL3 2300 2415-30

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