Gold 2016-09-02
market fail to confirm the break of 1305 where market fail to hit below 1302 zone
however the short-run indicators showing that as long as market sustain trades below 1330 the downtrend wave may have chance to re-try to break down where below 1302 expect 1290
above 1330 market will face resistance 1340-43 where above this zone more advance will be expected with resistance at 1365-67 zone
Support | Resistence | |
Level 1 | 1302-03 | 1316 |
Level 2 | 1290 | 1325-30 |
Level 3 | 1250 | 1340 |