Gold managed to meet targets 3200 and 3250-60 yesterday.
As we saw from the market, Gold managed to drop as the market kept trades below the resistance of 3250-60.
Prices hit a low of 3154 today while as long as the market holds above the support zone of 3130-50, another rebound toward 3230 will be expected.
Below 3103 more of a drop toward 3050 is likely.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3130-50 | 3200 |
| LEVEL2 | 3103 | 3230-60 |
| LEVEL3 | 3050 | 3290 |
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