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Gold’s Key Levels After Friday's Sell-Off

Gold’s Key Levels After Friday's Sell-Off

Gold’s Key Levels After Friday's Sell-Off

After a sharp sell-off last Friday, gold's first notable support level is at 2280. Should prices break and hold below this level, the next key levels to monitor are 2260 and 2240, respectively. Conversely, if gold reverses upwards, the initial resistance is at 2308, with further resistance at 2320 and 2330.

Resistance 3

Resistance 2

Resistance 1

Support 1

Support 2

Support 3

2330

2320

2308

2280

2260

2240

 

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