Gold – 15.11.2024
Gold fell below the support of 2590 and managed to sustain a drop toward the target of 2545-50 and below.
As we see over the chart, prices face the daily support around 2554 with Intraday support around 2536.
If prices hold above 2554, a rebound correction toward 2620-30 will be expected.
Below 2536 the market could hit a further drop toward 2471 zone.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2554 | 2578 |
| LEVEL2 | 2536 | 2590 |
| LEVEL3 | 2471 | 2620-30 |
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