As we advised early this week and as we see over our previous chart
Gold managed to break above 1299 where market may set new uptrend wave that may target 1330-50 zone
Market now facing main support at 1288 where as long as market holding above more advance toward 1330-50 zone will be expected
Below 1288 market may set more drop correction toward 1260-65 zone
Support | Resistance | |
Level 1 | 1298 | 1321 |
Level 2 | 1288 | 1335 |
Level 3 | 1260-65 | 1350-55 |