Gold 2016-04-18
Gold
1239
Market managed to sustain drop where tested 1225 zone while as we see over the chart market will face support zone at 1215-20 for the uptrend line.
as long as market holding above support 1215-20 another rebound toward 1245-50 may be expected, while above 1263 market may sustain advance toward 1275 and 1285
below 1208 market will face new drop pressure to head for testing 1190-95 zone
Support | Resistence | |
Level 1 | 1215-20 | 1245-50 |
Level 2 | 1208 | 1263 |
Level 3 | 1190-95 | 1275 |