Forex Trading Library

Gold – 13.02.2025

Technical Analysis
By Rami Abu-Draa
Gold – 13.02.2025
0 43

As we see over the chart, a chance for trading zone between support 2865-70 and resistance 2935-40 is likely.

Above 2942 more advance toward 2965 and 2980 could hit the market.

Below 2865 more of a drop to test the 2835-40 support zone could occur

SUPPORT RESISTANCE
LEVEL1 2908 2930
LEVEL2 2880-90 2942
LEVEL3 2865 2965

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Rami Abu-Draa

Head of Technical Analysis at Orbex, Rami Abu Draa
holds a bachelor's degree in Banking, Finance and Economics. A professional trader and mentor with over 10 years of industry experience, Rami is passionate about sharing his knowledge with Orbex clients from basic to advanced concepts of Technical Analysis, Investment psychology and Investment/Trading methodologies. He is able to combine fundamental and technical principles to deliver a unique perspective on the markets that enables Orbex traders to identify high-probability trading opportunities.

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