Geopolitical Uncertainty Boosts Gold, Initial Resistance at 2400
With recent geopolitical developments driving the market, gold started the week with an upward movement. The first key resistance level is 2400. If this level is exceeded, the next resistance levels to watch are 2415 and 2430. On the downside, the initial support level is 2380, with subsequent supports at 2365 and 2350 if this level is breached.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2430 |
2415 |
2400 |
2380 |
2365 |
2350 |