Gold 2017-02-27
Gold managed to hold uptrend momentum where managed last week to break above resistance 1245 as we see over our previous chart
we advised in our previous report that any break above 1245 whould open the way toward farther advance toward 1260 and 1280-90 zone
market now facing support at 1245 and 1225 where as long as market holding above one of those supports the target will remain toward 1280-90 zone
below 1225 market may head for farther drop toward 1170-80 zone
Support | Resistance | |
Level 1 | 1245 | 1260 |
Level 2 | 1225 | 1280 |
Level 3 | 1216 | 1290 |