Gold managed to hit a rebound toward 4602 so far.
As we see over the chart, Gold managed to hit a rebound toward 4602 so far.
Gold is still facing the chance for another drop swing toward 4100 or 4385.
Prices face resistance around 4610, where as long as the market holds below it, another drop wave toward 4100 could hit the market.
Above 4610 more advance will be expected with resistance at 4720 which in turn could activate a drop.
SUPPORT | RESISTANCE | |
LEVEL1 | 4510 | 4610 |
LEVEL2 | 4435 | 4720 |
LEVEL3 | 4305 | 4865 |
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