Forex Trading Library

Gold–13.03.2025

Technical Analysis

By Rami Abu-Draa On Mar 13, 2025

Gold added more advance above 2930.

As we see over the chart the market is facing a trading zone between 2905-15 and resistance 2950-55.

Above 2955 more advance toward 2980 is likely.

Below 2905 more of a drop toward 2880 and 2860 could hit the market.

	SUPPORT	RESISTANCE
LEVEL1	2930	2950-55
LEVEL2	2905-15	2980
LEVEL3	2880	3000

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Gold

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.

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