Gold dropped a few days ago and managed to hit the target of 2864-70 and broke below it.
As we see over the Intraday chart, the market is facing resistances around 2867 and 2877. If prices remain below one of those resistances, more of a drop toward 2835-40 will be expected which in turn could activate a rebound correction toward 2865.
Above 2877 more advance could hit the market with resistance around 2892-98.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2850 | 2867 |
| LEVEL2 | 2835 | 2877 |
| LEVEL3 | 2805-10 | 2898 |
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