Markets Await Breakout for Gold
Gold is currently facing initial
support at $2,390 per ounce. Should the price decline further, subsequent support
levels lie at $2,375 and $2,355. On the upside, immediate resistance is
positioned at $2,430. A breach of this level could open the path to $2,450 and
eventually $2,470.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2470 |
2450 |
2430 |
2390 |
2375 |
2355 |