Gold 2016-04-08
Gold
1233
as we see over our previous chart, Gold managed to break above resistance level of the downtrend channel which may affect the short-run movement
market still facing resistance zone at 1244 where as long as market holding below this level the downtrend pressure will sustain
any daily close above 1240 or a break above 1244 will reverse the short-run indicators toward up where first target will be 1265
Support | Resistence | |
Level 1 | 1222-25 | 1244 |
Level 2 | 1208 | 1265 |
Level 3 | 1190-95 | 1285 |