Gold –06.08.2026

Gold –06.08.2026

Gold managed to break the triangle formation above 4166 where managed to rally yesterday toward target 4200-20 while managed to add more advance 4300

As we see over the chart, market facing support zone at 4200-20 where as long as market holding trades above it another advance toward 4330 and above will be expected

Below 4200 more drop to test 4150-60 may hit the market which in turn may activate the advance again

 

SUPPORT RESISTANCE
LEVEL1 4200-20 4300
LEVEL2 4150-60 4330
LEVEL3 4065 4385

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