Gold hit the first target today at 5000 as the second target remains towards 5200.
As we see over the chart, prices face supports at 5030 and 4960-65 as one of those supports could advance the wave towards the second target at 5200.
Below 4960 more of a drop will be expected with support at 4910.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 5065 | 5100 |
| LEVEL2 | 5030 | 5150 |
| LEVEL3 | 4960-65 | 5200 |