Forex Trading Library

Gold – 26.11.2024

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Gold dropped further today and hit a 2605 low.

As we see on the chart, Intraday levels show support around 2605-10 which could keep the chance for a rebound toward 2643 and 2658 intact, which in turn could push for another drop.

Above 2658 more advance will be expected with resistance around 2685.

Below 2605 more of a  drop will be expected with the support zone around 2560-70.

SUPPORT RESISTANCE
LEVEL1 2605-10 2643
LEVEL2 2588 2658
LEVEL3 2560-70 2685

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