Gold 2017-11-10
Gold managed to head for some rebound correction after testing support 1260-65 while market slow movement is showing some risk
As we see over the chart, Gold facing resistance zone at 1296-98 which may push the market for another drop toward 1260-65 zone
Above 1298 more advance toward 1315 and 1330 is expected
Below 1260 Market may head for farther drop wave toward 1225 zone
Support | Resistance | |
Level 1 | 1279 | 1296-98 |
Level 2 | 1260-65 | 1315 |
Level 3 | 1250 | 1330 |