Gold managed to pass above the resistance of 4050-60 with signs of more advance yet to come.
As we see from the chart, prices face support around 4020-40, where as long as prices hold above, more advance towards 4100 and 4200 will be likely.
Below 4020 more of a drop could hit the market with the second support zone at 3960-80.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4020-40 | 4100 |
| LEVEL2 | 3960-80 | 4200-20 |
| LEVEL3 | 3940 | 4300 |