GOLD 1205
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
while market faced more drop pressure on Ukraine Cease-Fire Deal
market managed to hit low of 1217 last week while downtrend pressure still affecting market to test 1195-99 zone
as long as market holding trades below 1255 the downtrend pressure will sustain over short-run toward 1195-99 zone , while first resistance at 1245
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
a daily close below 1195 may add more drop pressure to test 1170 zone
Daily Trend: Down
Weekly Trend: Up
| Support | Resistence | |
| Level 1 | 1195-99 | 1216-19 |
| Level 2 | 1170 | 1228 |
| Level 3 | 1140 | 1235 |
