Gold managed to hit a fast advance last Friday to test the resistance of 3375.
As we see over the Intraday chart, the market is still facing resistances around 3375-78 and 3387-90. One of those resistances could activate a drop wave which will face the first support around 3350-52 zone, which in turn could cause a rebound to create a trading zone.
Above 3390 more advance toward 3425 will be expected.
Below 3350 the drop pressure could push prices towards the old target of 3282-85 again.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3350-52 | 3375-78 |
| LEVEL2 | 3310-15 | 3387-90 |
| LEVEL3 | 3282-85 | 3425-35 |
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