Forex Trading Library

Gold – 02.12.2024

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Gold remained below the resistance 2675 as projected last Friday while support at 2620-22 managed to push for a rebound.

As we see over the chart a trading zone between 2620-22 and 2658-60 could control the market.

Below 2620 more of a drop could hit the market with supports at 2605 and 2575.

Above 2675 more advance is likely with resistances at 2688 and 2710.

SUPPORT RESISTANCE
LEVEL1 2620-22 2658-60
LEVEL2 2605 2675
LEVEL3 2570-75 2688

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