Gold 2016-05-17
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
Support | Resistence | |
Level 1 | 1266-68 | 1281 |
Level 2 | 1257 | 1289 |
Level 3 | 1240 | 1295 |