Gold 2017-04-06
as we advised before and as we see over our previous chart
Gold failed so far to break above resistance 1263 which may set market in trading zone between support 1240 and resistance 1263 (already done at market)
above 1263 more advance toward 1275-80 zone is expected before market shift again toward drop pressure
below 1240 more drop toward 1215 is expected with chance to head toward 1170-80 zone
Support | Resistance | |
Level 1 | 1240 | 1263 |
Level 2 | 1230 | 1275-80 |
Level 3 | 1215 | 1305 |