Gold 2016-05-19

May 19, 11:35 am

Gold

1254

market managed to broke below our 2 supports that we mentioned previously while market now looking to test 1240-44 zone as support uptrend channel laying there

from there market will have chance for rebound correction toward 1275 zone

below 1238 market may head for farther drop toward zone 1210-15

 SupportResistence
Level 11240-441260
Level 212251275
Level 31210-151285
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