Gold managed to fell below the support of 4440 last Friday on US labour data.
As we see over the chart, the Intraday levels show resistance at the 4440-60 zone, where as long as the market hold below it, the drop pressure could sustain with supports at 4365 and 4280. Each support has the chance to hit the market with a rebound.
Above 4510 more advance toward 4625 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4365 | 4440-60 |
| LEVEL2 | 4280 | 4510 |
| LEVEL3 | 4200 | 4625 |
![Credit Card 160×600 [EN]](https://assets.iorbex.com/blog/wp-content/uploads/2023/06/13144507/Blog-Banner_EN-Banner_160X600X2.webp)
