Gold held prices above 2590 while managing to build a triangle formation as we see on the chart.
If prices remain above 2590, a rebound toward the resistance of 2626-28 will be expected which in turn could push for another drop.
Above 2628 more advance toward 2645 and 2675 will be expected.
Below 2590 more of a drop toward 2545-50 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2600 | 2626-28 |
| LEVEL2 | 2590 | 2643-45 |
| LEVEL3 | 2545-50 | 2675 |