Gold 2016-04-18

Posted on

Gold

1239

Market managed to sustain drop where tested 1225 zone while as we see over the chart market will face support zone at 1215-20 for the uptrend line.

as long as market holding above support 1215-20 another rebound toward 1245-50 may be expected, while above 1263 market may sustain advance toward 1275 and 1285

below 1208 market will face new drop pressure to head for testing 1190-95 zone

  Support Resistence
Level 1 1215-20 1245-50
Level 2 1208 1263
Level 3 1190-95 1275
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