Gold managed early today to hit the 4045 target.
As we see over the Intraday chart, the market is still testing a trend resistance zone around 4045-60.
If prices hold below the said resistance, a drop towards 3990-95 is likely which could create a trading zone.
Above 4060 more advance toward 4130-60 will be expected.
Below 3990 more of a drop towards 3930-35 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3990-95 | 4045-60 |
| LEVEL2 | 3920-30 | 4100 |
| LEVEL3 | 3887 | 4160 |
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