Gold managed to break above the resistance of 4020-40 last Friday to march towards the first target at 4100.
As we see over the chart, prices now face support at  4020-40 which could lead for a further advance towards 4200.
Below 4020, the drop pressure could return while the medium term support at 3886 still gives the chance for another rebound.
Below 3886, more of a drop towards 3475 could hit the market.

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