Gold 2016-10-04

Posted on

market managed to hit below 1310 zone which may be the first sign of farther weekness as we advised yesterday

first resistance layinng at 1312-15 where as long as market holding below this zone the Gold may keep trying to test 1303 zone

below 1303 zone market will open the way for farther drop toward 1285-90 zone

  Support Resistence
Level 1 1303 1312-15
Level 2 1285-90 1320
Level 3 1250-55 1328-29
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