Gold in the first session rallied in a very strong move to hit the ever record at 1030.80 with high levels of volume. However, in the last session gold managed to drop below the opening level showing the tendency to move in the downside direction today.

The trading range for today will be between the key resistance at 1030.00 and the key support at 950.00.

The general trend is up as far as 810.00 remains intact targets now at 1080.00 and 1170.

Resistance1000.40 1005.00 1008.65 1011.20 1015.70