Gold Faces Resistance at $2038, Potential Breakout Ahead
Gold is testing again the resistance level at $2038, which capped its price earlier this week. A successful breakout above this level could propel prices toward the $2055-60 range, whereas a retreat could lead prices back to the $2006 support level.
Resistance 3 |
Resistance 2 |
Resistance 1 |
Support 1 |
Support 2 |
Support 3 |
2077 |
2055-60 |
2038 |
2006 |
1975 |
1965 |