Gold met the target of 3260-70, broke below it and closed in from second target 3200.
As we see over the chart, the market is facing intraday support around 3193-3202 which could push for a rebound correction toward 3235 and 3260-70.
Below 3193 more of a drop could hit the market while support 3160-65 could push for a rebound correction.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3193-3202 | 3235 |
| LEVEL2 | 3160-65 | 3260-70 |
| LEVEL3 | 3100-10 | 3295 |
The post Gold–12.05.2025 appeared first on Orbex Forex Trading Blog.