as we advised last week and as we see over our previous chart
Gold managed to obtain a daily close below 1270 zone which may be a start for another drop correction wave that may head to 1245 (target done) and 1230-35 zone
Intraday indicators showing resistance at 1252 and 1262 where as long as market holding below one of those resistances the downtrend march may sustain toward 1230
above 1262 market may back again to test 1280 zone
| Support | Resistance | |
| Level 1 | 1242 | 1252 |
| Level 2 | 1230 | 1262 |
| Level 3 | 1205 | 1272 |