Forex Trading Library

Gold – 28.03.2025

Technical Analysis

By Rami Abu-Draa On Mar 28, 2025

Gold managed to break above resistance 3033-38 where managed to advance toward targets 3055-57 and 3080-85

As we see over the chart resistance zone of 3085 may push for drop correction wave

Market will face support around 3057-59 which may push for advance again while below this levels more drop toward 3025 may hit the market

Above 3095 market may head for farther advance toward 3125 and 3145

	SUPPORT	RESISTANCE
LEVEL1	3057-59	3085-95
LEVEL2	3025	3125
LEVEL3	2999	3145

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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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