As we projected yesterday and as we see on our previous chart, Gold managed to test the resistance of 2480 and managed to hit a correction toward 2450.
As we see on the chart, the market is still facing resistance around 2482. If prices hold below, then another correction to test the 2450 support could occur.
Below 2450, the market will face a second support around 2430-35 which in turn could push for another advance wave.
| SUPPORT | RESISTANCE | |
| LEVEL1 | 2450 | 2480 |
| LEVEL2 | 2430 | 2500 |
| LEVEL3 | 2392-95 | 2535 |
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