Gold–31.01.2025
Gold managed to meet the second target of 2790 yesterday and broke higher.
Above 2790, the market could enter a new uptrend wave toward 2840.
As we see over the chart the market is facing intraday supports around 2790 and 2765, where as long as prices hold above one of those supports, more advance toward 2840 will be expected.
Below 2760 more of a drop to re-test the 2730-40 support could hit the market before advancing again.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2790 | 2810 |
| LEVEL2 | 2775 | 2825 |
| LEVEL3 | 2760-65 | 2845 |
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