Spot Gold remains in green for the third straight day and extends recovery, driven by weaker dollar, persisting geopolitical tensions over North Korea in increasing physical demand from India and China.
Fresh upside action on Tuesday broke above barrier at $1287 (50% retracement of $1313/$1260 downleg) and approaching $1290 (4-hr cloud top. Break here would expose key resistances at $1297 (Fibo 38.2% of entire $1357/$1260 descend) and $1302 (daily cloud top).
Initial support lies at $1282 (session low) with stronger corrective dips to be contained by broken 10SMA ($1278).
Res: 1290, 1293, 1297, 1301
Sup: 1282, 1278, 1275, 1272
