Gold corrected last Friday as the market remained pressured.
As we see from the chart, the market is closing towards the support trend around 4535, which could give the chance for a rebound toward 4785, 4885 and 4940.
Below 4535 prices could risk for a further drop toward 4380.
Above 4950, the market could add more advance towards the 5100-200 zone.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4535 | 4785 |
| LEVEL2 | 4350-80 | 4885 |
| LEVEL3 | 4100 | 4940-50 |