Gold hit more of a correction yesterday whilst rebounding quickly towards 3751.
As we see over the Intraday chart, the market is facing a resistance zone around 3750-52. If prices hold below this zone, another drop to test 3700-08 could hit the market which could push again for another advance wave.
Above 3752 the market could push for a further advance to test the resistance of 3765-68, which could push again for another drop.
Above 3768 more advance will be expected with resistances at 3791 and 3815.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3717-23 | 3750-52 |
| LEVEL2 | 3700-08 | 3765-68 |
| LEVEL3 | 3686 | 3791 |
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