
Gold met the target of 3375-80 again and managed to break above it yesterday.
As we see from the Intraday chart, prices face support around 3375-80, where as long as the market holds above it, more advance toward 3415 will be expected which in turn could push for a drop.
Below 3375 more of a drop could hit the market with supports around 3360 and 3335.
SUPPORT | RESISTANCE | |
LEVEL1 | 3375-80 | 3406 |
LEVEL2 | 3360 | 3415-17 |
LEVEL3 | 3335 | 3450 |
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