Gold rebounded strongly on Friday, to form a long lower shadow hammer candlestick pattern at 1300.00 support, and thus closed the trading session back above this key support at 1300.00, and that keeps the bullish correctional wave and outlook intact for this week.

Support: 1308.00, 1300.00, 1294.00, 1285.00, 1275.00
Resistance: 1318.00, 1323.00, 1338.00, 1345.00, 1360.00
Recommendation Long above 1300.00,targets at 1325.00, 1338.00 and 1360.00. Invalidation below 1283.00

Support: 1308.00, 1300.00, 1294.00, 1285.00, 1275.00
Resistance: 1318.00, 1323.00, 1338.00, 1345.00, 1360.00
Recommendation Long above 1300.00,targets at 1325.00, 1338.00 and 1360.00. Invalidation below 1283.00