Gold 2016-10-05
Gold managed to head for first target 1285-90 as holding below 1312-15 resistance as we advised yesterday
while market add more drop toward 1265-70 zone which may provide some support for some rebound correction before downtrend resume drop
market wil face 2 main resistance at 1286-88 and 1298-1300 where as long as market holding below one of those resistance the downtrend wave will sustain toward 1250-55 zone
Support | Resistence | |
Level 1 | 1265 | 1278 |
Level 2 | 1250-55 | 1286-88 |
Level 3 | 1225 | 1298-1300 |