• Major resistance - $1332 (21- day MA)
   
• The yellow metal has broken minor support $1321 and declined till $1313 at the time of writing . It is currently trading around $1330.34. 
   
• The major support is around $1307 (90- day EMA) and any break below that level will drag the yellow metal down till $1297 (2.6% retracement of $1375 and $1047)/$1285 (50% retracement of $1199 and $1375. 
   
• Gold  is facing major intraday resistance around $1331 (21- day MA) and any break above targets $1345 (61.8% retracement of $1352.61 and $1335)/$1352. The minor resistance is around $1323.60 (55- day EMA)/
   
• Short term weakness only below $1300. 
  
  It is good to buy above $1332 with SL  around $1323 for the TP of $1344/$1352