Gold 2015-02-23
GOLD 1193
Drop pressure back to affect Gold
market back to dump haven on Europe-Greek agreement 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 as we expected to fell to test 1195-99 support zone as we can see over the chart where market managed to attract more buyers as rebound correction
market back today to fell below 1195 which indicating farther drop to test 1170 zone
below 1167 market may head for another drop toward 1145 zone
as long as market holding trades below 1223 the downtrend pressure will sustain
Daily Trend: Down
Weekly Trend: Down
Support | Resistence | |
Level 1 | 1195 | 1223 |
Level 2 | 1170 | 1237 |
Level 3 | 1140 | 1255 |