Forex Trading Library

Gold – 16.01.2025

0 21

Gold managed to break above 2697 which could lead to an advance.

The market is facing the first support around 2689, which could keep the uptrend wave going toward 2740.

Below 2689 more of a drop could hit the market with support at 2676. Below that prices, more of a drop could hit the market with support at 2656, could re-gain strength again.

SUPPORT RESISTANCE
LEVEL1 2689 2710
LEVEL2 2676 2726
LEVEL3 2656 2740

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

Leave A Reply

Your email address will not be published.