Technical Analysis: Gold - Friday, Nov. 28
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 |
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