Gold – 09.10.2024
Gold fell below 2622 yesterday, sustaining a drop toward the target of 2606.
However, the market managed to hit a rebound correction from the 2606 zone.
The main support is between 2595 and 2605; as long as the market holds above this level, we expect another advance toward 2647-49 and 2670-72. If the market drops below 2595, further declines may occur, with support at 2570 and 2545.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2595-2605 | 2624-29 |
| LEVEL2 | 2570 | 2647-49 |
| LEVEL3 | 2545 | 2670-72 |
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