DEV Community

GFIL
GFIL

Posted on

Gold Price Analysis: Key Levels to Watch This Week

Gold has been consolidating in a tight range after last week breakout.

Key levels:

  • Support: $2,310 — if this breaks, expect a test of $2,280
  • Resistance: $2,350 — the bulls need to clear this for a run at $2,400
  • Key driver: Real yields and USD strength

What to watch:

  • Fed speeches this week
  • CPI data release
  • Geopolitical developments in the Middle East

Our gold analysis tool tracks these correlations in real time.


Stay ahead of the market with our free gold analysis tools

Top comments (0)