Gold 2016-05-09
Gold
1275
Market managed to retreat after advance over US labor market worst than expected data, while market head for profit gain as chance for Fed rate hike still on table.
market facing support at 1269 where as long as market holding above the chance to visit 1305-10 will stand, while below 1269 market may head for farther drop to test 1235-45 zone while market may face 1262 as support which need to watch carefully
Support | Resistence | |
Level 1 | 1269 | 1298-1300 |
Level 2 | 1262 | 1310 |
Level 3 | 1235-45 | 1325 |