Gold – 03.03.2025

Gold – 03.03.2025

Gold managed to met target 2835-40 as we advised last week while also managed to hit the expected rebound movement toward target 2865 and above

As we see over the Intraday chart, market facing resistance zone around 2875-80 which may push again for another test toward 2835 zone

Above 2880 a chance for farther advance may hit the market with resistances around 2898 and 2920-30

Below 2832 more drop to test 2805-10 support zone which in turn may activate a rebound correction toward 2850

 

SUPPORT RESISTANCE
LEVEL1 2858 2875-80
LEVEL2 2832 2898
LEVEL3 2810 2920-30

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