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

  Support Resistence
Level 1 1240-44 1260
Level 2 1225 1275
Level 3 1210-15 1285
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