Gold–08.05.2025

Gold broke above the resistance of 3388 two days ago to meet the target of 3425.

As we see over the Intraday chart, the market is facing resistance around 3415-25 which could push again for another drop to test 3350-60.

Above 3425 more advance toward 3465 is likely.

Below 3350 more of a drop toward 3305 will be expected.

SUPPORT RESISTANCE
LEVEL1 3379 3415-25
LEVEL2 3350-60 3465
LEVEL3 3323 3500

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