Gold managed to hold a trading zone for some time before the market moved for further lows today.
As we see over the Intraday chart, prices face the first Intraday resistance around 2898, where as long as the market hold below it, more of a drop could hit the market toward target and support 2864-70, which in turn could push for rebound correction
Above 2898 more advance will be expected with resistance zone around 2920-30.
Below 2864 more of a drop toward 2835-40 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2864-70 | 2898 |
| LEVEL2 | 2835-40 | 2920-30 |
| LEVEL3 | 2805 | 2955 |
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