Gold above $1100 handle despite positive US NFP job data

US NFP job data came with the surprise at 292K vs 252K previous release.

• Unemployment rate unchanged at 5.0%.
   
• After the data release, Gold slipped below $1100 handle and touched $1091 levels.
   
• Due to the China tension and free fall of oil, Gold climb above $1100 handle.
   
• Initial resistance are seen at $ 1107, $1112 and $1117 level.
   
• Alternatively support levels are seen at $1098, $ 1092 and $1087 levels.