Gold 2016-04-13

Posted on

Gold

1242

as we mentioned yesterday market faced drop correction as resistance zone 1265-75 still adding pressure over gold, while market is now testing 1240 support level

as long as market holding above 1240 the chance for another run toward 1265-75 will sustain, while below 1240 market may adding more drop where next support laying at 1229.75

below 1229.75 market may head again to re-test support zone 1208-15 zone

  Support Resistence
Level 1 1240 1252
Level 2 1229.75 1265
Level 3 1208-15 1275
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