Gold tested the support zone of 2910-20 last week and managed today to hit the target of 2945-50.
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 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2935 | 2945-50 |
| LEVEL2 | 2910 | 2965 |
| LEVEL3 | 2875-80 | 2980 |
Join our responsible trading community - Open your Orbex account now!
