Gold 2016-07-11
as we advised for it last week, Gold managed to hold support 1335 and rbeound from it as expected
market retreate today without print any high above last week which indicating ability to test 1340 zone which will be protected by support 1335 for more advance toward 1392
below 1335 more drop will be expected toward 1305-10 zone where from there will expect another rebound correction toward up
below 1300 market will lose strength wich may set another drop wave toward 1225 zone
Support | Resistence | |
Level 1 | 1335 | 1375 |
Level 2 | 1300-10 | 1392 |
Level 3 | 1250 |