Gold 2016-04-28

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Gold

1257

As we see over our previous chart, market still holding trades above support 1220-25 zone while managed to sustain advance toward 1258 so far

as long as market holding above 1220 another rebound correction toward 1260-63 will be expected before market resume drop toward 1190-95 zone

market resistance at 1271 where as long as Gold holding below this zone another drop movement will be expected , while above 1271 market may sustain advance where above 1284 market may hit new advance toward 1305 zone

  Support Resistence
Level 1 1252 1260-63
Level 2 1238 1271
Level 3 1220-25 1284

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