Forex Trading Library

Gold–04.09.2025

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Gold managed to meet the second target of 3575 which in turn pushed for a fast correction towards the support zone of 3508-18.
As we see over the Intraday chart, we expect another test for the resistance of 3575 l, which could push for another drop toward 3475-80 and then could activate a new advance wave.
Above 3575 more advance toward 3600 could hit the market and will await more signals from market.

 

SUPPORT RESISTANCE
LEVEL1 3532 3550
LEVEL2 3505-15 3575
LEVEL3 3475-80 3600
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