Gold 2016-05-16

Gold

1281

Market managed to advance from 1257 where managed to hit above 1282 in signs of support zone at 1257 still holding the uptrend market

as long as market holding above 1257 the chance for market to build uptrend wave toward 1305-10 zone still valid

below 1257 expect farther drop to test trend line around 1240 zone

Support Resistence
Level 1 1257 1295
Level 2 1235-40 1305-10
Level 3 1225 1325

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