Gold advanced above the resistance of 2942 which could open the door at a further advance toward 2980 and above.
As we see over the Intraday chart, the market is facing the first support around 2938 where as long as market holds above it, the advance will sustain.
Below 2938 more of a drop could hit the market with the second support zone at 2910-20, which in turn could activate this advance wave.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2938 | 2965 |
| LEVEL2 | 2910-20 | 2980 |
| LEVEL3 | 2875 | 3000 |
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