Gold is moving towards a Triangle formation resistance which is now around 4175-85.
This resistance could lead to another drop as support at 4090-4100 is still protecting the advance wave.
Below 4090 more of a drop towards the 4050-70 support trend could push cause another advance.
Above 4185, Gold could set another course towards 4270.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4090-4100 | 4175-85 |
| LEVEL2 | 4050-70 | 4245 |
| LEVEL3 | 4000 | 4270 |