Gold fell below the first support at 4595 as the market is still trying to test the second support at 4550.
As we see from the chart and as long as prices remain above the support of 4550, the advance scenario is likely to move towards more fresh highs above 4700.
Below 4525 more of a drop is likely with support at 4450.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4525-50 | 4630-35 |
| LEVEL2 | 4450 | 4696 |
| LEVEL3 | 4320 | 4775 |
The post Gold –27.08.2026 appeared first on Orbex Forex Trading Blog.
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