Gold –02.03.2026
Despite the gap in price on the market open after the conflict with Iran, the market is showing the chance for a trading zone as long as prices remain below the 5380-5422 resistance.
As we see over the chart, support is at 5249 which could push for another advance.
Below 5249 more of a drop toward 5130 is likely.
From another hand, if prices manage to add more advance above 5422, the market could push for more advance with resistances at 5450, 5490 and 5600.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 5300 | 5380-5422 |
| LEVEL2 | 5249 | 5450 |
| LEVEL3 | 5130 | 5490 |

