
Gold managed to break above the resistance of 3260 yesterday and hit 3290 to close from the second target of 3330-50.
As we see over the Intraday chart, the market is facing reistance around 3350 and 3380 while support is at 3275.
Below 3275 more of a drop could hit the market to re-test support 3245-50 which in turn could activate another advance wave.
SUPPORT | RESISTANCE | |
LEVEL1 | 3275 | 3350 |
LEVEL2 | 3245-50 | 3380 |
LEVEL3 | 3175 | 3430 |
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