Gold managed to head for another correction movement as we predicted this week and managed to break below the 2430 support.
As we see over the chart, Intraday Levels show supports around 2410 and 2388 where as long as the market holds trades above one of those supports, another rebound toward 2480 will be expected.
Below 2388 the market could head for a further drop toward the 2315 zone while 2368 could push for some rebound before market continues to drop.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2410 | 2430-35 |
| LEVEL2 | 2388 | 2452 |
| LEVEL3 | 2368 | 2480 |
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