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 |
Join our responsible trading community - Open your Orbex account now!