Gold managed to meet the first target at 5500 as prices look for the second target at 5800.
As we see over the Intraday chart, prices face supports at 5500 and 5445 whilst the target is still towards 5600 5700 and 5800.
Below 5445 more of a drop could threaten the market with supports at 5420 and 5350.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 5500 | 5600 |
| LEVEL2 | 5445 | 5700 |
| LEVEL3 | 5350 | 5800 |