Gold 2016-02-22

Posted on

Gold

1203

Market managed to fell below 1210 which indicating drop pressure over short run

as long as market holding below 1210 will expect farther drop to come to test 1190-95 zone and 1180 while below 1180 market may add more drop movement toward 1145-1150 zone

market facing second resistance at 1220-24 which market need to break above in order to restore strength over market

  Support Resistence
Level 1 1190-95 1210
Level 2 1180 1220-24
Level 3 1145-50 1235
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