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- Major support - $1323 (trend line joining $1310.75 and $1314.75).
- Major resistance - $1330.50 (200 HMA).
- The yellow metal has broken trend line support $1322 and declined till $1313.47. It is currently trading around $1317.70.
- On the lower side, any break below $1322 confirms minor weakness , a decline till $1310/$1305 is possible.
- Technically resistance is around $1330.50 and break above will take the commodity to next level till $1343/$1350 in the short term.
It is good to sell on rallies around $1323-$1324 with SL around 1330.50 for the TP of 1311
