Gold 2016-09-16
As we advised this week
Gold managed to head toward target 1312-15 after retreated below 1328 as we advised before
while market closing to support zone 1303-07 which may hit market for rebound correction, where as long as market holding above support 1303-07 another uptrend wave may hit market toward 1367-75 zone
below 1303 expect farther drop toward 1285-90
Support | Resistence | |
Level 1 | 1303-07 | 1332 |
Level 2 | 1285-90 | 1340 |
Level 3 | 1250-55 | 1353-55 |