Yesterday, we saw gold reclaim the 200MA and push into the $3,352 resistance. Price remains supported above the $3,327 level, keeping the bullish structure intact for now.
As long as price holds above $3,327, bulls remain in control, and a breakout above $3,352 could open the path toward $3,364 and $3,383.
However, failure to hold above $3,327 may lead to another retest of $3,298, with deeper downside toward $3,270-$3,41 support zone if that level gives out.
📌 Key Levels to Watch:
Resistance:
$3,352 • $3,364 • $3,383 • $3,400
Support:
$3,327 • $3,298 • $3,270 • $3,241
As long as price holds above $3,327, bulls remain in control, and a breakout above $3,352 could open the path toward $3,364 and $3,383.
However, failure to hold above $3,327 may lead to another retest of $3,298, with deeper downside toward $3,270-$3,41 support zone if that level gives out.
📌 Key Levels to Watch:
Resistance:
$3,352 • $3,364 • $3,383 • $3,400
Support:
$3,327 • $3,298 • $3,270 • $3,241
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Related publications
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.