Gold extended the correction just ahead of US Inflation data while prices close towards the at support 3605-11.
If this support manages to hold, then a rebound with a trading zone toward the resistance of 3637-40 could control the market.
Above 3640 more advance will be expected as the second resistance is at 3657-60.
Below 3605 a chance for a further drop could hit the market towards the support of 3575-85, which in turn could activate a rebound.
Below 3575, a further drop could hit the market with supports at 3550-52 and 3535.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3605-11 | 3637-40 |
| LEVEL2 | 3575-85 | 3657-60 |
| LEVEL3 | 3550-52 | 3675-80 |
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