Gold managed to fall below the support of 4996 and managed to print a low around 4967.
Gold managed to fall below the support of 4996 and managed to print a low around 4967.
As we see from the Intraday chart, a chance for a trading zone between support 4960 and resistance 5065 could hold the market.
Below 4960 more of a drop toward 4880-85 could hit the market.
Above 5065, more advance will be expected with resistance at 5125-35.
SUPPORT | RESISTANCE | |
LEVEL1 | 4960 | 5065 |
LEVEL2 | 4880-85 | 5125-35 |
LEVEL3 | 4844 | 5191 |
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