Gold managed to head today to test support 1240 where we advised before that as long as market holding above this zone more advance still available at market
below 1240 market will face drop pressure toward 1230 support and 1220
any daily close below 1230 will retrive the downtrend wave that may target 1170-80 over Short-Run
| Support | Resistance | |
| Level 1 | 1240 | 1263 |
| Level 2 | 1230 | 1275-80 |
| Level 3 | 1220 | 1305 |