Gold Starts Week with Decline, Testing Support at 2307
Gold started the week with a decline, with the first notable support level seen at 2307. Below this level, an acceleration in selling pressure could be observed. Upon breaking below 2307, subsequent support levels to watch for are at 2280 and 2260 respectively. On the upside, the initial resistance is at 2332. Above this level, further resistance levels are at 2360 and 2375 respectively.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2375 |
2360 |
2332 |
2307 |
2280 |
2260 |