gold spending some time around present levels before it continues higher.. At least another 3-5 business days gold needs to spend here , Last two weeks Every dip should be bought out by investors, Dips should happen in the morning hours and recovery after US session opening. A dip back towards $2,950 is required before gold continues higher. On the other hand if extraordinary event pushes gold higher , It would not be so surprise.
Key support zones $2980-$2985 , Breaks of support zone leads further down towards 2974 and 2960 levels
Resistance at $3025-$3030 and $3045-$3050 (Upper Bound where selling pressure has emerged) while the $3058-60 levels are Key Resistance zone..