• The yellow metal has dipped towards 1099 after hitting high at 1113 levels, as the gold prices fell as much as 1 percent on Friday as stock markets recovered from this week's rout and US dollar has strengthened across the board after positive Non-farm payrolls data. 
   
• Any upside is expected to be limited around 1110 levels as the resistance level located at 1113 is likely to hold the bulls from advancing above and bring a decline towards lower levels.
   
• To the upside, the strong resistance can be seen 1106, a break above this level would expose the commodity towards 1113 levels.
   
• To the downside major support can be seen at 1089, a break below at this level will open the door towards 1080 levels.
  
  Recommendation: Go short around 1105, targets around 1090/1080, SL 1110
  
  Support levels: S1-1089, S2-1080, S3-1073
  
  Resistance levels: R1-1098, R2-1106,R3-1113