Gold at $2432: What Next...?
Gold approached resistance $2432 and we expect resumption of selling from $2432-$2435 with caution of stability below $2445 as bears are likely to target pushing the metal down to $2405-$2395 below which decline is likely to extend further to $2386
If $2386 breaks with a day close below the zone, drop may come to $2360
If $2386 breaks with a day close below the zone, drop may come to $2360
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.