Gold managed to meet the target 5240.
Gold managed to meet the target 5240.
As we see over the Intraday chart, the market dropped after the target was met as indicators show support around 5122 which could keep the chance for more advance toward 5400.
Below 5122 more of a drop will be expected as the trend support is around the 4960 zone.
SUPPORT | RESISTANCE | |
LEVEL1 | 5122 | 5191 |
LEVEL2 | 5045 | 5249 |
LEVEL3 | 4960 | 5320 |
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