Gold managed to meet the target of 4050 and broke below it.
Prices are still searching for support with the medium term support being at 3886.
Traders await the US Inflation data today to get a clue over Fed Rate hike intentions.
Intraday trading zone is between resistance 4138 and support 3900.
Below 3886 another drop wave toward 3475 could hit the market.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3983 | 4035 |
| LEVEL2 | 3940 | 4138 |
| LEVEL3 | 3886 | 4202 |