Gold remained below 3500 and managed to drop as we expected in the last two days to hit the target of 3364 and below.
As we see over the chart, the market is facing a chance for a further rebound toward the 3385 – 3410 zone which could push for a correction before the advance continues.
Below 3305 more of a drop could hit the market with support around 3260-70.
Below 3260 more of a drop toward 3200-10 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3305-20 | 3368 |
| LEVEL2 | 3260-70 | 3388 |
| LEVEL3 | 3235 | 3410 |
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