Forex Trading Library

Gold–21.02.2025

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Gold managed to hit a correction yesterday and managed to test the intraday support zone of 2910-20.
As we see over the chart a chance for trading zone between support 2910-20 and resistance 2945-50 could control the market.
Above 2950 the uptrend wave could sustain toward targets 2965 and 2980.
Below 2910 more of a drop toward 2875-80 support could hit the market.

SUPPORT RESISTANCE
LEVEL1 2910-20 2935
LEVEL2 2875-80 2945-50
LEVEL3 2835-40 2965

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