Gold 2016-10-10

short-run indicators showing ability for gold to hold trading zone between 1245 and 1280 for the coming period of time

mid level resistance at 1265-66 where as long as market holding below another dip toward 1245-47 zone will be expected before market resume advance toward 1280 zone as rebound correction

this model need market to hold trades above 1241 support

if market didnt went for such drop correction and broke above 1266 market may or may not continue toward 1280

	Support	Resistence
Level 1	1255	1265-66
Level 2	1241-45	1277-80
Level 3	1232	1290