Gold 2015-02-09
GOLD 1241
Drop pressure back to affect Gold
market back to dump haven as europe negotiating to keep Greece in the union block while Russia-germany-france meeting over ukrainian crises helped to dump haven more
so far market showing support zone at 1235 where as long as market holding trades above 1235 the ability to obtain rebound correction will sustain toward 1245-55 zone
as long as market holding trades below 1255 the downtrend pressure will sustain over short-run toward 1200 zone
as long as the daily close sustain below 1270 the downtrend wave will sustain toward 1180 , any daily close above 1270 will restore the short-run uptrend movement
Daily Trend: Down
Weekly Trend: Up
Support | Resistence | |
Level 1 | 1235 | 1245 |
Level 2 | 1228 | 1255 |
Level 3 | 1219 | 1268 |