Forex Trading Library

Gold – 10.01.2025

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Gold managed to hold above the support of 2640-42 and today closed from the target zone of 2685-90.
As we see over the chart a possible trading zone between 2605-15 and 2685-90 is still ongoing with the incoming major data from US today and next week.
Intraday first support is at 2668 and 2642-45.
Below 2640 more of a drop could hit the market while support zone is around 2605-15.

SUPPORT RESISTANCE
LEVEL1 2668 2685-92
LEVEL2 2642-45 2710
LEVEL3 2615 2726

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