
Gold met the target of 4425-30 and managed to break above it.
As we see over the chart, the market is closing towards the second target of 4467, which could lead to a correction with support at 4425-30.
As long as the market holds above the 4425-30 support, the advance wave could expand towards targets 4488 and 4520.
Below 4388 more of a drop towards 4303 will be expected.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 4425-30 | 4467 |
| LEVEL2 | 4388-95 | 4488 |
| LEVEL3 | 4303 | 4520 |
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