Gold managed to hold an advance wave as prices hit a 2732 high to close to the target of 2740.
As we see over the chart, Intraday levels show supports around 2700 and 2689, where as long as the market holds above it, the advance wave could sustain to test the resistance zone of 2740-45.
The short term sees resistance at 2740-45 as the main key for another big drop.
Below 2689 more of a drop toward 2665-70 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2710 | 2740-45 |
| LEVEL2 | 2700 | 2762 |
| LEVEL3 | 2689 | 2790 |
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