Gold met the targets at 5249 and 5130 and moved lower.
Gold met the targets at 5249 and 5130 and moved lower.
As we see over the chart, the market is facing resistance around 5225, and if prices remain below it, the drop pressure could return towards 5065 as more of a drop is expected.
Above 5225 more advance could hit the market with resistances at 5287 and 5380.
SUPPORT | RESISTANCE | |
LEVEL1 | 5109 | 5225 |
LEVEL2 | 5065 | 5287 |
LEVEL3 | 4994 | 5380-5422 |
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