Gold 2016-12-30

Dec 30, 2:17 pm

market managed to break above 1150-55 which may activate another advance wave toward target 1180-85

market will have support level at 1150 and 1144.50 where as long as market holding above one of those levels more advance toward 1180 will be expected

below 1144 another drop wave to re-test 1122-26 may hit the market

  Support Resistance
Level 1 1150 1163-65
Level 2 1144.50 1180
Level 3 1122-26 1197
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