Gold 2016-02-23

Posted on

Gold

1217

Market managed to rebound yesterday from 1202 which created uptrend support line as we see over the chart

market facing support zone at 1202-07 which if managed to hold the market the uptrend will sustain to try break above 1224 and head toward 1250-55 zone

below 1202 market will add more drop pressure which may manage this time to test 1180 support line

  Support Resistence
Level 1 1202-07 1224
Level 2 1190 1234
Level 3 1180 1250-55
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