Gold broke below 4240 yesterday, which may lead to further downside.
Short-term indicators show support around 4100, which may trigger a corrective rebound toward 4265 and higher.
Below 4100, more downside may follow, while mid-term support is at 3880, which may also trigger a rebound.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4170 | 4265-85 |
| LEVEL2 | 4100 | 4362-72 |
| LEVEL3 | 4000 | 4425 |
