Gold managed to hold trades below the support zone of 4994-5025 to rebound towards 5186 so far.
The market still has room for a further advance to test the resistance zone of 5206-27, which could push for a correction.
Above 5227, more advance towards 5300 and 5380 will be expected.
The first intraday supports are at 5155 and 5117.
Below 5117, more of a drop is likely with support at 5067.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 5155 | 5186 |
| LEVEL2 | 5117 | 5206-27 |
| LEVEL3 | 5067 | 5300 |
