Gold – 27.01.2025

Gold – 27.01.2025

As we advised last week and as we see over our previous chart

Gold managed to hold trades below resistance 2790 where managed to hit drop correction toward 2747 today as we advised before

As we see over the chart and as long as market keep holding trades above support 2738-45 the advance wave may sustain for another advance to attack resistance 2790

Above 2790 market may enter new advance wave toward 2840

Below 2738 more drop to test 2720-25 may hit the market

 

SUPPORT RESISTANCE
LEVEL1 2738-45 2790
LEVEL2 2720-25 2810
LEVEL3 2700 2840

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