Forex Trading Library

Gold 30.10.2024

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Gold met the target of 2758 and moved higher.

As we see on the Intraday chart, the market is facing support around 2776, where as long as prices hold above it, the advance wave could sustain toward 2800.

Below 2776 more of a drop could hit the market with the second support at around 2760 which in turn could push for another advance.

 

SUPPORT RESISTANCE
LEVEL1 2776 2790
LEVEL2 2760 2800
LEVEL3 2746 2820
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