Gold printed a 4400 low yesterday closing from a key support at 4380 before the market rebounded.
Gold is still under pressure over the Intraday trading levels, where as long as prices remain below 4940, the chance for another drop swing to test 4380 could hit the market which in turn could activate a rebound.
Above 4940 more advance towards 5100-200 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4690 | 4860-80 |
| LEVEL2 | 4595 | 4940 |
| LEVEL3 | 4550 | 5100-200 |