Forex Trading Library

Gold – 15.11.2024

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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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