Gold – 16.10.2024
Gold advances above 2666 and printed a high of 2682.60 so far, closing to the target 2685.
As we see over the chart, the market could head for a trading zone between the support 2658 and resistance 2685.
First Intraday support is at 2673.
Above 2685 more advance toward 2700 could hit the market.
Below 2658 more of a drop to re-test the 2636-43 support zone is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2673 | 2685 |
| LEVEL2 | 2658 | 2700 |
| LEVEL3 | 2636-43 | 2725 |
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