Gold Faces Strong Resistance at 2038
The resistance level at 2038 is acting as a strong barrier, capping gold prices. A breakout above this level could propel prices toward the 2055-60 area, while a retreat would likely see prices revisiting the 2006 support level.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2077 |
2055-60 |
2038 |
2006 |
1975 |
1965 |