Gold–16.07.2025

Gold managed to hold below the resistance of 3375-80 yesterday and dropped toward 3320 so far.
As we see over the Intraday chart, the market is facing resistance around 3345-52, where as long as prices keep below it, the drop pressure could sustain towards 3305-15 which in turn could activate a rebound movement.
Above 3352 more advance could hit the market to re-test the 3375-80 resistance zone.

SUPPORT RESISTANCE
LEVEL1 3320 3345-52
LEVEL2 3300-05 3375-80
LEVEL3 3282 3395

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