Forex Trading Library

Gold –23.01.2025

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Gold managed to obtain a Daily close around 2742-45 while managed today to add more advance above this trend.

As we see over the Intraday chart, the market is facing support around 2738-45 where as long as prices keep holding above it, we will expect more advance toward 2782 and 2790.

Below 2738 more of a drop to test the 2720-25 support trend could hit the market before advancing again.

SUPPORT RESISTANCE
LEVEL1 2738-45 2762
LEVEL2 2720-25 2782
LEVEL3 2700 2790

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