(Gold) market based on key support and resistance levels.
Gold seems to be a significant price area where the market has tested and could face difficulty in breaking higher.
Resistance Level (2950/2960)
Support Level (2925/2920)
If the price moves down and tests this support level, you anticipate a potential reversal or a bounce back last week Price 2955 Level Breakout You expect the market to eventually test and break the 2955 level, and fail to down side But we expect the price will rise to take profit long-term.
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