Gold broke below 2315 yesterday and also managed to drop further towards 2293.
Prices rebounded while still facing the 2315-18 resistance zone.
The market could hold this trading zone between 2290-92 and 2315-18.
Above 2318, more of an advance will be expected with resistance around 2335-38.
Below 2290, a drop will be likely with the main support still around 2277.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2290-92 | 2315-18 |
| LEVEL2 | 2277 | 2335-38 |
| LEVEL3 | 2250 | 2360-65 |
|
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