Gold 2017-05-31
Gold managed yesterday to hit below 1262 in signs of more drop may hit the market
Intraday levels showing resistance at 1265 where as long as market holding below more drop toward 1245 zone is expected
above 1266 market may sustain advance to test 1275-80 resistance zone which in turn may send the market toward drop correction to 1245
above 1280 market will face 1295 resistance
Support | Resistance | |
Level 1 | 1259 | 1265 |
Level 2 | 1245 | 1275-80 |
Level 3 | 1221-25 | 1295 |