Gold rebounded to test a downtrend channel resistance around the 4480-96 zone.
As long as the market holds below this resistance, the downtrend pressure could return towards 4360.
Above 4496, a sign of more advance with resistance at 4541 could push for another drop.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4455 | 4496 |
| LEVEL2 | 4425 | 4541 |
| LEVEL3 | 4360 | 4595 |
![Credit Card 160×600 [EN]](https://assets.iorbex.com/blog/wp-content/uploads/2023/06/13144507/Blog-Banner_EN-Banner_160X600X2.webp)
