Technical Analysis: Gold - Thursday, Oct. 2

Gold – 02.10.2025


Gold held above the support of 3850 and added more advance yesterday, just above the resistance of 3890, before pulling back.

As we see over the Intraday chart and despite the bearish signals, if prices remain above 3850, the advance could progress.

Below 3850 more of a drop will be expected as the main support trend is now around the 3800-15 zone, which could push again for another advance wave.

Below 3790 more of a drop toward 3750 will be expected.

  SUPPORT RESISTANCE
LEVEL1 3850 3878
LEVEL2 3831 3895
LEVEL3 3793 3910

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Intraday Analysis - Thursday, Oct. 2
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