Gold–30.01.2025

Gold–30.01.2025

Gold managed so far to maintain strength over the market to close in from a record of 2790.

As we see over the chart, the market is facing a support zone around 2730-40, and second one at 2710-20. If prices hold above one of those supports, an advance wave could sustain for another try to break above 2790 and to expand the uptrend wave toward 2840.

Below 2710 the market could enter new drop wave.

SUPPORT RESISTANCE
LEVEL1 2730-40 2790
LEVEL2 2710-20 2810
LEVEL3 2690 2840

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