Technical Analysis: Gold - Friday, Nov. 28

Gold passed above 4175-85 with signs that more advance is still to come.

Gold–28.11.2025


Gold passed above 4175-85 with signs that more advance is still to come.

As we see over the chart and if prices hold above the support at 4140-60, the advance wave could continue with resistances at 4245 and 4270.

Below 4140, more of a drop is likely with the second support zone at 4090-4100 could activate the advance waves again.

Below 4090 more of a drop will be expected.

  SUPPORT RESISTANCE
LEVEL1 4140-60 4211
LEVEL2 4090-4100 4245
LEVEL3 4050 4270

More By This Author:

Trump’s Fed Chair Appointment To Lower Rates
Intraday Analysis - Friday, Nov. 28
Will Eurozone Inflation Remain Under Control?

STOCKS IN THIS ARTICLE

Also Mentions:

Comments