Gold 2016-08-12

As we see over our previous chart, market managed to advance toward 1353-55 before retreating toward 1334 zone

from this zone 1334 market may head for another advance toward 1355-60 zone

below 1334 market may enter new drop wave that will be confirmed below 1330 where target will be toward 1315-20 zone

  Support Resistence
Level 1 1334 1348
Level 2 1315-20 1355-60
Level 3 1305-10 1375

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