Gold –02.05.2025

Gold hit some rebound before testing the support of 3187-93.

As we see over the intraday chart, prices are facing resistance inside 3265-80 which could push again for another drop wave towards 3187-93.

Above 3280, the advance scenario could control the market for an advance with resistances at 3320 and 3350.

SUPPORT RESISTANCE
LEVEL1 3245 3265-80
LEVEL2 3200 3320
LEVEL3 3187 3350

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