As we see over the chart, Gold still holds a chance for another correction as long as the market holds below 2697.
Market faces support around 2655-65 and 2620-25.
Above 2697 will be sign for farther advance wave toward the target 2740.
Traders look towards the US CPI figures for further clues on the market movement.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2678 | 2697 |
| LEVEL2 | 2655 | 2720 |
| LEVEL3 | 2620-25 | 2740 |
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