Gold tested the 2637-40 support zone yesterday and advanced, printing prices above the 2657-62 resistance range.
As previously advised, the upward movement continues toward the 2680-85 level, which may lead to a corrective dip.
Above 2685, further gains towards 2700 are expected, while a break below 2637 could lead to declines with support around 2622-25 and 2605.
We are awaiting the U.S. labor market figures.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2637-40 | 2680-85 |
| LEVEL2 | 2622-25 | 2700 |
| LEVEL3 | 2605 | 2725 |
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