As we see over the Intraday chart, Gold seems to be building a trading zone inside a triangle formation, with a support zone at 3720-28 and a resistance zone at 3755-62.
Above 3762, a further advance with resistances at 3791 and 3815 is expected.
Below 3720, prices could head for a move lower to test the 3700-08 support zone, which could lead to another advance.
Beow 3700, more of a drop will be expected with supports at 3686 and 3652.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 3720-28 | 3755-62 |
| LEVEL2 | 3700-08 | 3791 |
| LEVEL3 | 3686 | 3815-20 |
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