Gold broke below the support of 3960 which could push for another drop.
As we see over the Intraday chart, the market is facing resistance around 3985-90, where as long as the market holds below it, more of a drop towards 3900-05 will be expected.
Above 3990, more advance could hit the market with resistance at 4020-25.
Above 4025, more advance towards 4050-70 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3960 | 3985-90 |
| LEVEL2 | 3928 | 4020-25 |
| LEVEL3 | 3900 | 4050-70 |
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