Gold managed to hold above the 4500 support after last Friday’s drop as prices managed to add more advance to hit a record on the market open today.
As we see from the chart, the market faces supports at 4635-42, 4594 and 4535 as the targets will be towards 4700 and 4800.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4655 | 4700 |
| LEVEL2 | 4635 | 4750 |
| LEVEL3 | 4594 | 4810 |