Gold 2016-07-18
As we advised last week, mrket still facing downtrend pressure over the short-run to head toward 1305-10 support zone
market still facing support at 1320 where below this zone the market may head to test 1305-10 zone
from that zone 1305-10 we will expect another rebound wave toward 1360 zone
below 1300 market may add more drop toward 1280 and 1250
Support | Resistence | |
Level 1 | 1320 | 1338 |
Level 2 | 1305-10 | 1350 |
Level 3 | 1280 |