Gold is facing some pressure over the Intraday frame where the trend resistance is at the 4030-35 zone.
If the market holds below the said resistance, the drop pressure could sustain with a trading zone towards 4000.
Below 4000 more of a drop is likely to test the support zone of 3967, which in turn could activate the advance wave again.
Above 4035, the market could add more advance towards 4050-55, while above 4055 the advance rally could sustain towards 4085 and above.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4000 | 4030-35 |
| LEVEL2 | 3967 | 4050-55 |
| LEVEL3 | 3940 | 4085 |
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