Forex Trading Library

Gold – 11.03.2025

By Rami Abu-Draa On Mar 11, 2025

Gold managed to meet the target and support zone of 2880-90 which managed to push for a rebound.

The first Intraday resistance is at 2905 which could maintain the drop pressure as long as the market keeps holding below it.

Above 2930 more advance to re-test resistance 2950-55 is likely.

Below 2880 more of a drop toward 2860 and below could hit the market.

SUPPORT	RESISTANCE
LEVEL1	2880	2905
LEVEL2	2860	2930
LEVEL3	2835	2955

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.

USD/JPY – 11.03.2025

Dow Jones – 11.03.2025