Gold Retains Bearish Pressure as Market Eyes Key Resistance Levels
Gold continues to face downward pressure, remaining below the crucial resistance level of $3,358. Current trading reveals support in the $3,310 to $3,315 range, which may hold prices for a potential rise. Traders should closely monitor market conditions as they seek a breakthrough above the $3,358 resistance. Anticipated price movements could lead gold toward the $3,390 to $3,395 range, offering potential opportunities for investors. Understanding market dynamics is essential as gold engages in a contest between support and resistance.