Forex Trading Library

Gold – 28.04.2025

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Gold dropped after the market opened today as mixed signals still affecting the market.

As we see from the Intraday chart, the market still faces a continued trading zone between support 3260-70 and resistance 3330-35.

Above 3335, more advance at the second resistance of 3360-65 could push for another drop.

Above 3365 more advance will be expected with resistance at 3388.

Below 3260 more of a drop could affect the market to test the 3245-48 support trend, while below this level more of a drop toward 3193 will be expected.

SUPPORT RESISTANCE
LEVEL1 3260-70 3330-35
LEVEL2 3245-48 3360-65
LEVEL3 3193 3388

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