Gold is still searching for ground support that could lead to another rebound.
As we see from the chart, the market is facing support at 3960, with resistance at 4100 which could hold a trading zone.
Above 4100 more advance toward 4200 will be expected.
Below 3886 more of a drop toward 3475 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3960 | 4040 |
| LEVEL2 | 3886-3925 | 4100 |
| LEVEL3 | 3700 | 4200 |