Gold 2016-05-20

May 20, 11:34 am

Gold

1255

As we see over our last chart, market managed to test support line 1240-44 and head for rebound correction so far toward 1259

market will have chance for another test toward 1244-46 which will be protected by support 1240 where if market managed to hold Gold above another rebound correction will be expected toward 1270-75

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

 SupportResistence
Level 11240-441262
Level 212251270-75
Level 31210-151285
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