As we advised early this week
Gold managed to sustain drop pressure where market closing again from support line 1302-05
As long as market holding trades above 1302 another rebound correction wave may hit the market toward 1340 while Intraday levels showing resistance at 1322
Below 1302 especially with daily close below this zone another drop wave will be expected toward 1260-70 zone
| Support | Resistance | |
| Level 1 | 1302-05 | 1322 |
| Level 2 | 1291 | 1343 |
| Level 3 | 1270 | 1350-55 |
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