Gold 2016-03-23

Posted on

Gold

1232

As we see over our previous chart, Gold jump after Brussels Attack where managed to close to resistance zone of the downtrend channel 1262-65 as we see over the chart

as long as market holding below 1262-65 will expect farther drop toward 1215 zone and 1205

short-run showing resistance at 1237 and 1241 where as long as market holding below those resistance the downtrend pressure will sustain toward targets

above 1241 market will face resistance at 1255-56 zone

  Support Resistence
Level 1 1226 1237
Level 2 1215 1241
Level 3 1205 1255-56
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