Gold 2018-08-13
As we advised in the last 3 weeks and as we see over our previous chart
Gold still holding downtrend wave after market broke below support 1236
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
Intraday levels showing support at 1195 and 1180 which may drives for some rebound correction on market
Support | Resistance | |
Level 1 | 1195 | 1206-08 |
Level 2 | 1180 | 1220 |
Level 3 | 1172 | 1236 |