Gold 2016-08-15

market managed to retreat from resistance zone 1350-55 as we advised last week where managed to re-test 1330-34 support zone

as long as market holding above 1330 another rebound correction will be expected toward 1350-55

below 1330 expect farther drop toward 1315 zone

	Support	Resistence
Level 1	1330	1343
Level 2	1315	1350-55
Level 3	1305-10	1365-67