Gold Neutral Bias, Beware of Resistance in 1140

Bias for the gold price tends sideways with a potential range in the short term between 1140 area (MA 50) - 1130 (MA 100) in the 4 hours chart, it is necessary to penetrate one side to get further instructions.

For the upside, closest resistance levels seen in the area in 1140, through to the top of the region get the price of further bullish momentum towards 1147 area before aiming to strong resistance area at 1157 Meanwhile, for the bottom side, the area in 1130 is the nearest support level, penetrate to the bottom of the zone prices may still move to a neutral test 1123 area before targeting to the strong support area in 1113

Resistance levels: 1140, 1147, 1157
Level of support: 1130, 1123, 1113