Gold breaks minor trend line support, targets $1310/$1305

• 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