Technical Analysis: Gold - Tuesday, Oct. 20

Gold prices rebounded toward the key resistance zone between 4200 and 4235.

Gold hit a rebound to close towards the resistance zone 4200-35 again.
As we see over the chart, the market could continue inside this zone.
Above 4235 more advance toward 4315 is likely.
Below 4065 more of a drop toward 4000 is likely.

SUPPORT

RESISTANCE

LEVEL1

4110

4200-35

LEVEL2

4065-80

4275

LEVEL3

4000

4315

STOCKS IN THIS ARTICLE

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