Gold 2016-08-09

As we advised before, market so far holding trades above support zone (1328-30)

as long as market holding above 1328 a rebound correction may hit market toward 1340-45 zone where from here will expect market to back to the drop movement again

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	1340
Level 2	1321	1350-52
Level 3	1305-10	1365-67