Gold 2016-06-27
Gold
1327
As we advised last week, 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
a 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 |