Gold 2016-10-06

Oct 06, 9:58 am

Intraday indicators start to show ability for rebound correction inside the daily trades where this scenario see 1262 as the support level

as long as market holding above 1262 a rebound correction toward 1275 and 1281-83 zone will be available before downtrend wave resume toward 1250

while above 1283 more advance toward 1293-95 will have chance befor back to the downtrend wave

the other scenario is that market below 1262 may sustain the drop movement toward 1250

 SupportResistence
Level 113621381-83
Level 213501393-95
Level 313251303-06
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