Gold 2016-07-14
As we see over the our previous chart, and as we advised yesterday,
Gold managed to fell below support 1335 where we advised that below this level farther drop may hit the market where next support zone at 1305-10 zone
market will face 1350 as resistance level where as long as market holding below this level farther drop will be expected where market will face support at 1305-10 zone
from that zone will expect another rebound toward 1360, while below 1300 market will face 1280 and 1250
Support | Resistence | |
Level 1 | 1318-19 | 1350 |
Level 2 | 1305-10 | 1365 |
Level 3 | 1280 |