Gold managed to sustain an advance yesterday and managed to meet the target of 3540.
As we see from the Intraday chart, the market faces a trading zone inside a triangle formation between support 3526 and resistance 3544-46.
Above 3546 more advance toward 3575 could hit the market which in turn could push for correction.
Below 3526, a correction could expand further with support at 3508 still protecting the market from advancing towards 3575.
Below 3508 a risk for a move towards 3475-80 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3526 | 3544-46 |
| LEVEL2 | 3508 | 3575 |
| LEVEL3 | 3475-80 | 3600 |
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