Gold: Will it break $2300 ...?

*Gold Daily Technical Report*


Gold failed to show bullish acceptance above critical zone $2343 resulting in extended pressure that keeps pushing the metal downward below interim support $2310


We expect some local demand around $2302-$2297 which may be followed up by measured recovery towards immediate resistance $2318 above which next challenge sits at $2326-$2333


If Gold fails to attract enough demand at the test of mentioned support zone, further drop is likely to expose next leg lower $2272