Gold – 21.10.2024

Gold – 21.10.2024

Gold managed to break above the 2720 resistance and managed to add more advance toward 2736 today.

AS we see on the chart, Intraday levels showing resistance around 2736-40 which could push for a drop toward the 2701-04 zone which in turn could activate another advance again.

Below 2700 more of a drop could hit the market with support around 2680-85.

Above 2740 more advance toward 2775 is likely.

SUPPORT RESISTANCE
LEVEL1 2701-04 2736-40
LEVEL2 2685 2775
LEVEL3 2666 2800

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