Gold 2016-08-08
Gold managed to head for drop correction as we advised last Friday, while managed to break below 1346 and tested our second target support 1328-30
as long as market holding above 1328 a rebound correction may hit market toward 1340-45 zone
while as long as market holding below resistance zone 1350-51 the downtrend wave will sustain to re-test support zone 1305-10
Support | Resistence | |
Level 1 | 1328-30 | 1340 |
Level 2 | 1321 | 1350-51 |
Level 3 | 1305-10 | 1365-67 |