Gold managed to test support of 2545-50 and pushed the market up again.
As we see over the Intraday chart, gold faces resistances around 2600 and 2620-35. If prices hold below one of those resistances, another drop will be expected with the support zone still at 2545-50, which in turn will keep the chance for the advance wave to sustain.
Below 2545 more of a drop to test 2528-32 could hit the market which could activate the advance wave again.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2573 | 2600 |
| LEVEL2 | 2561 | 2620-35 |
| LEVEL3 | 2545 | 2655 |
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