Gold fell below the support 3055 last Friday and met the target of 2980.
As we see over the chart, the market is now facing resistance around 3055 and support around 2980-90.
Above 3055 more advance will be expected with resistances around 3075 and 3100-20.
Below 2971 more of a drop toward 2952 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3018 | 3055 |
| LEVEL2 | 2980-90 | 3078 |
| LEVEL3 | 2952 | 3100-20 |
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