Gold 2016-02-25

Posted on

Gold

1235

Market managed to advance toward our target 1250-55 while retreated from that zone as expected as we show on our last report yesterday

market now facing support zone at 1210-13 which is target for intraday trading zone where from that zone market will have a chance for another rebound toward 1240, OR if broke below it will expect farther drop to test 1180-85 zone

so far market still holding indicators in trading zone between 1180 – 1255

  Support Resistence
Level 1 1222 1240-45
Level 2 1210-13 1250-55
Level 3 1190 1263.50
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