Gold still holding inside the Falling Wedge formation which indicates another rebound wave toward 4510 is under construction.
Support zone is at 4230-50 and 4200 while resistance remains at 4350-70.
The market could hold inside this Falling wedge for a while.
Above 4370 more advance toward 4510 is likely.
Below 4200 more of a drop toward 4165 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4230-50 | 4350-70 |
| LEVEL2 | 4200 | 4440-50 |
| LEVEL3 | 4165 | 4510 |
