Gold managed to meet the target of 4878 and broke below it before the market rebounded.
As we see over the Intraday chart, prices still face a resistance zone at 4945-70 which could restore the drop pressure over the market toward 4800 and 4700.
Above 4970 more advance will be expected with resistances at 5045 and 5085.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4905-10 | 4945-70 |
| LEVEL2 | 4840 | 5045 |
| LEVEL3 | 4800 | 5085 |