Gold 2016-05-17

May 17, 11:34 am

Gold

1271

as we see over the chart, market built uptrend channel where market facing support at 1266-68 zone

as long as market holding above this support another wave toward 1295 may hit the market

below 1266 market will back again to face 1257 support zone which may hit the market for rebound correction toward 1285 again

below 1257 market may add more drop toward 1240 zone

 SupportResistence
Level 11266-681281
Level 212571289
Level 312401295
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