Gold managed to break above the resistance of the uptrend channel which could initiate a new uptrend wave toward 5800.
As we see over the chart, the Intraday support starts from 5190-200.
Below these levels, more of a drop will be expected with support around 5155 which could push again for an advance.
As long as the market holds above 5110, the targets will be toward 5500 and 5800.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 5190-200 | 5250 |
| LEVEL2 | 5155 | 5400 |
| LEVEL3 | 5110 | 5500 |