Gold 2016-07-29
Market managed to hold trades below resistance 1347 so far while our short-run target still toward 1360-70 zone
Intraday trading levels showing ability for market to sustain advance as long as market holding trades above 1330
below this level market may head to test support zone 1315-25 where from there will expect the uptrend to back again
below 1315 this will add more risk of ability for market to break below 1305 and to head lower
Support | Resistence | |
Level 1 | 1330 | 1347 |
Level 2 | 1315-25 | 1360 |
Level 3 | 1305-10 | 1375 |