Gold 2018-07-26
As we advised last Monday and as we see over our previous chart
Gold also managed to rebound aftre trumps tweet on rate hike where Gold managed to re-test resistance 1236-37 zone
Short-Run outlook see main resistance at 1245 where as long as Gold maintain trades below the downtrend wave is on go toward 1100 target
above 1245 the Intraday levels may give farther advance where another resistance laying t 1266
Support | Resistance | |
Level 1 | 1218 | 1236 |
Level 2 | 1211 | 1245 |
Level 3 | 1180 | 1266 |