Gold–06.05.2025

 

Gold broke above 3280 last week and managed to meet the targets of 3320 and 3350.
Gold began this week with an advance toward the resistance zone 3380-88.
As we see over the chart, the market is facing a chance for another drop towards 3260-80.
Intraday supports are at 3350, 3323 and 3305.
Above 3388 the market could add an advance toward 3425 and 3465.

SUPPORT RESISTANCE
LEVEL1 3350 3380-88
LEVEL2 3323 3425
LEVEL3 3305 3465

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