Analyze the trends of Gold 08.07.2025 as it holds above critical support levels with risks for further drop below 3311.

Gold managed to hold above the support of 3295 and advanced toward 3345.

As we see over the Intraday chart, the market is now facing support around 3311, which if prices remains above, another advance will be expected towards the 3370-75 zone.

Below 3311 a risk for a further drop could hit the market with support around 3280-95.

SUPPORT RESISTANCE
LEVEL1 3311 3345
LEVEL2 3280-95 3370-75
LEVEL3 3248 3395

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