Gold 2016-11-16

Nov 16, 12:02 pm

as we advised yesterday

market sustain drop wave where market facing now resistance at 1232 and 1242

as long as market holding below those resistances more drop will be expected toward 1200-05 zone

from that zone 1200-05 will expect another rebound movement toward 1332 or 1341

below 1198 expect 1190 or 1180

  Support Resistence
Level 1 1200-05 1232
Level 2 1190 1242
Level 3 1180 1255
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