
Gold managed to hit a bigger correction yesterday and managed to fell below support of 3382.
As we see over the chart, the market is facing resistance around 3382-95 where as long as the market holds below it, more of a drop toward 3331-38 will be expected which in turn could activate rebound correction.
Above 3395 more advance toward 3410-15 will be expected.
SUPPORT | RESISTANCE | |
LEVEL1 | 3361 | 3382-95 |
LEVEL2 | 3331-38 | 3410-15 |
LEVEL3 | 3310 | 3438 |
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