Gold 2017-10-19
As we advised yesterday and as we see over the chart
Gold managed to break below 1285-87 as we advised this week which may set new downtrend course toward 1250
Market will face resistance at 1285 and 1295 where as long as market holding below those resistances the downtrend wave will sustain toward 1250
Above 1295 market may head again for another try to test 1315
Support | Resistance | |
Level 1 | 1279 | 1285 |
Level 2 | 1260 | 1295 |
Level 3 | 1250 | 1305 |