Forex Trading Library

Gold – 16.12.2024

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Gold seems to have found some support around 2645 which could lead to another advance wave toward 2730-35.

Below 2645 more of a drop toward 2620-22 could hit the market which in turn could activate another rebound movement.

Below 2620 more of a drop could hit the market with supports at 2605 and 2570-75.

SUPPORT RESISTANCE
LEVEL1 2645 2665-72
LEVEL2 2620-22 2693-95
LEVEL3 2605 2730-35

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