Gold 2016-05-11
Gold
1272
Market managed to hit above 1274 which may activate rebound correction toward 1285-90 zone for the coming short-run
while from there and as long as market holding below 1290 another drop wave toward 1235-40 zone may control the market
risk for mare advance will be above 1290 where market chance to continue advance or to head again for drop may have 50/50 chance
Support | Resistence | |
Level 1 | 1268 | 1274 |
Level 2 | 1259 | 1285-90 |
Level 3 | 1240 | 1303 |