Gold met the targets of 3435 and resistance 3452 last week and managed early today to break above it in a strong rally.
As we see over the Intraday chart, Gold facing first the supports around 3469 and 3453-55, where one of those supports could keep the advance wave going for a further movement towards 3500 and 3540.
Below 3453, a risk for a further drop is likely as the support zone of 3426-36 could support Gold for another rally.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3453-55 | 3485 |
| LEVEL2 | 3426-36 | 3500 |
| LEVEL3 | 3400-05 | 3540 |
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