Gold–17.02.2025

Gold–17.02.2025

Gold retreated from the resistance zone of 2935-40 as the market managed to hold trades above the trend support 2875.

If Gold manages to sustain trades above 2875, a chance for another rebound toward 2935-40 could hit the market.

Below 2875 more of a drop will be expected with supports at 2858 and 2835-40, where one of those supports could push the market for another advance.

SUPPORT RESISTANCE
LEVEL1 2875 2907-10
LEVEL2 2858 2928
LEVEL3 2835 2942

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