Gold 2016-03-08
Gold
1276
Market managed to jump above 1264 last week in signs of farther advance toward 1300-10 zone as we advised last week
market facing support zone at 1245-48 where as long as market holding above this zone expect farther advance to sustain to test 1300-10 zone
market will lose strength below 1225 zone which may push the market to re-test 1190-1200 zone
intraday signals showing ability for trading zone between 1250 – 1280 as long as market holding below 1280, above 1280 maket may accelerate toward 1300-10 zone
Support | Resistence | |
Level 1 | 1250-60 | 1280 |
Level 2 | 1245 | 1290 |
Level 3 | 1230 | 1300-10 |