Gold managed to print above 5227 which could lead to a higher advance.
Intraday prices show support around 5194 where as long as the market holds above it, the advance wave could expand toward the target of 5300.
Below 5194 more of a drop to test the support of 5117-40 will be expected which could push for a rebound.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 5194 | 5239 |
| LEVEL2 | 5117-40 | 5300 |
| LEVEL3 | 5060 | 5380 |