Gold 2016-05-31
Gold
1212
as we advised last week market managed to hold trades below resistance 1235 where managed to head toward target zone 1210 with farther drop where support zone at 1190-95
and as we see over our previous chart, market managed to obtain some advance from 1200 support while market may head for trading zone between 1190 – 1235 for the coming short run, where as long as market holding below 1235 gold may face more drop if fell below 1190
Support | Resistence | |
Level 1 | 1200 | 1210 |
Level 2 | 1190-95 | 1218-20 |
Level 3 | 1170 | 1235 |