Gold 2016-03-18

Posted on

Gold

1251

Market managed to hit 1270 yesterday while market run in negative close indicating another drop pressure that may affect market

market will face support at 1250 and 1244 where as long as market holding above 1250 the chance for another rebound toward 1270 will sustain

from another side intraday trading showing resistance level at 1256 that as long as market holding below the downtrend pressure will sustain to break below 1250 while below 1244 our old target 1180-90 will back on stage

  Support Resistence
Level 1 1250 1256
Level 2 1244 1265
Level 3 1225 1275
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