
As we advised yesterday and as we see over our previous chart
Gold managed to hit another advance toward target 3400-05
As we see over the Intraday chart, market facing uptrend channel between support 3358-62 and resistance 3400-05 which may keep trades inside it
Above 3408 more advance will be expected with resistances around 3438 and 3455
Below 3358 more drop may hit the market with support around 3335 which may activate the advance again
SUPPORT | RESISTANCE | |
LEVEL1 | 3358-62 | 3405 |
LEVEL2 | 3335 | 3438 |
LEVEL3 | 3310-15 | 3455 |
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