Gold broke above the resistance at 4945-70 yesterday which could lead to a further advance with resistance around 5045, which could create a trading zone toward 4950.
Above 5045, a chance for an advance could hit the market with resistances at 5085 and 5120.
Below 4945, the downtrend pressure could return with support at 4905-10.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4945-50 | 5045 |
| LEVEL2 | 4905-10 | 5085 |
| LEVEL3 | 4840 | 5120 |
