Gold Trading Sideways: Resistance at 2338 and Above
Gold continues to trade within a horizontal range. The first resistance is at 2338, with subsequent levels to watch at 2358 and 2375 if this level is breached. On the downside, the first support level is at 2320, followed by further supports at 2300 and 2280 if the price falls below this level.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2375 |
2358 |
2338 |
2320 |
2300 |
2280 |