As we advised yesterday and as we see over our previous chart
Gold managed to head for rebound correction which is the first after market break throw below 1260
Gold facing resistance level at 1260 and 1270 where as long as market holding below one of those resistances the downtrend wave will sustain toward 1215-25 target
Above 1270 market may show risk for farther advance toward 1288 and above
| Support | Resistance | |
| Level 1 | 1253 | 1260 |
| Level 2 | 1243 | 1265 |
| Level 3 | 1236 | 1270 |
