Gold managed to back to advance just before year end
As we see over the chart, Gold facing resistance downtrend line around 1294-99 zone where as long as market holding trades below another drop correction toward 1260-65 zone will be expected
Above 1300 zone market may enter new uptrend wave that may target 1330-50 zone
| Support | Resistance | |
| Level 1 | 1275 | 1294-99 |
| Level 2 | 1260-65 | 1315 |
| Level 3 | 1245 | 1330 |