Forex Trading Library

Gold –18.06.2026

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Gold managed to hit a fast drop yesterday after the Fed meeting which was surprisingly against the market expectations over the tone of the Fed.
As we see over the chart, the market is facing resistance around 4332 which could keep the chance for another swing towards the 4170 zone.
Above 4332 the market could gain further traction to attack the resistance of 4380 and above.

 

SUPPORT RESISTANCE
LEVEL1 4210-20 4290
LEVEL2 4170 4332
LEVEL3 4100 4380
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