Gold managed to sustain trades above support 1300 as we advised last week, while as long as market hold trades above 1300 more advance toward 1350-55 will be expected before a drop correction may hit market again toward 1300 as we see over the chart
Below 1300 more drop toward 1270 will be expected
Above 1355 more advance toward 1370-75 is expected
| Support | Resistance | |
| Level 1 | 1328 | 1340 |
| Level 2 | 1300 | 1350-55 |
| Level 3 | 1270 | 1370-75 |