Gold 2016-10-31

Oct 31, 12:38 pm

Gold managed last Friday to head toward target 1280 while market facing now resistance zone at 1284-89

As long as market holding below this resistance zone another drop toward 1257-60 will be expected which may activate some rebound correction from that support

Below 1257 more drop will be expected toward 1241-45 zone

 

  Support Resistence
Level 1 1271 1284-89
Level 2 1257-60 1305-10
Level 3 1241 1325-30
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