We still holding our previous model for Gold
As we advised last week and as we see over our previous chart
Gold managed to sustain drop toward target 1260-65
As long as market holding above 1260 another advance wave may hit market toward 1298
Below 1260 market may head for farther drop to test 1248-50 support trend
Above 1298 gold may have the way toward 1315 and 1330
| Support | Resistance | |
| Level 1 | 1271 | 1296-98 |
| Level 2 | 1260 | 1315 |
| Level 3 | 1248-50 | 1330 |
