Gold Eyes Further Gains as Key Resistance Nears

Gold prices have been on the rise for the past two days. The first hurdle for bulls is at $2,383 per ounce. If gold breaks above this level, watch for potential resistance at $2,395 and then $2,405. However, if the rally stalls, initial support sits at $2,358. A break below this level could see gold test support at $2,345 and then $2,330.