Gold 2016-05-03

Gold

1296

As we see over our previous chart, market managed to retreat from 1303.80 as first drop correction toke place toward 1287.70

as long as market holding below 1305-10 zone will expect some trading zone as we advise before between 1280 – 1310

as long as market holding above 1270 we will expect farther advance to break above 1310 and head toward 1325 and 1350

below 1270 market will face support at 1240

	Support	Resistence
Level 1	1280	1305-10
Level 2	1270	1325
Level 3	1240	1350