Gold 2016-06-24

Gold

1322

Market jump into Gold as U.K decide to leave EU which spur demand for safe haven

market managed to retreat toward 1307 zone where we will consider 1300-10 as the support zone

however market still facing 1335 as resistance level which need a daily close above this level to confirm uptrend wave that may target 1393 and 1435

however a daily close below 1335 which break below 1300 may head the market again for drop correction toward 1255-60

  Support Resistence
Level 1 1300-10 1335
Level 2 1250-60 1393
Level 3 1220 1435

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