Our previous projection for Gold is still valid as the market managed to meet targets 4100 and 4025-50.
Gold has a chance for a rebound movement that could lead towards 4175.
Traders should watch the zone of 3990-4000, if Gold holds above that price, a chance for a rebound could hit any time.
Below 3990 more of a drop toward 3930 and 3880 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3990 | 4100 |
| LEVEL2 | 3930 | 4140 |
| LEVEL3 | 3880 | 4220 |
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