Forex Trading Library

Gold – 30.12.2024

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Gold managed to hit below 2620 support which may put more drop pressure over the market to head toward 2570-75 support zone

As long as market keep holding trades below 2630-38 resistance the drop pressure may sustain toward 2570-75 which in turn may activate some rebound correction movement

Above 2638 market may add more advance where resistances laying at 2655 and 2665

 

SUPPORT RESISTANCE
LEVEL1 2605 2630-38
LEVEL2 2583 2655
LEVEL3 2570 2665

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