Head and Shoulders Pattern in Gold: 2332 Key Support Level
The price of gold continues to display a head and shoulders pattern on its daily chart, suggesting a potential reversal and continuous uncertainty at the moment. However, further confirmation from fundamentals is necessary. In the short term, the price is exhibiting uncertain movements, with the next support at the 2332 level. If the price falls below this, the subsequent support is at 2320.
Resistance 3 | Resistance 2 | Resistance 1 | Support 1 | Support 2 | Support 3 |
2395 | 2375 | 2362 | 2346 | 2332 | 2320 |