• Major Support - $1305 (100- day EMA)
   
• Major intraday resistance -$1322 (55- day EMA)
   
• The yellow metal has slightly declined till $1311 after BOJ has kept its interest rates unchanged at minus 0.10 pct but the central bank said that it would introduce QQE with new measure to control yield curve. 
   
• In the daily chart Gold is facing strong resistance at 55- day EMA at $1323. It should break above this level for further jump till $1332.
   
• The major support is around $1310 and any break below targets $1305 (100- day MA) /$1297 (23.6% retracement of $1375 and $1047)/$1285 (50% retracement of $1199 and $1375). 
   
• Gold is facing major resistance around $1325 (200- H MA) and any break above targets $1332 (Sep 13th high)/$1340. 
   
• Short term weakness only below $1300. 
  
  It is good to sell on rallies around $1315-17 with SL  around $1323 for the TP of $1305/$1300