Gold 2016-10-05

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Gold managed to head for first target 1285-90 as holding below 1312-15 resistance as we advised yesterday

while market add more drop toward 1265-70 zone which may provide some support for some rebound correction before downtrend resume drop

market wil face 2 main resistance at 1286-88 and 1298-1300 where as long as market holding below one of those resistance the downtrend wave will sustain toward 1250-55 zone

  Support Resistence
Level 1 1265 1278
Level 2 1250-55 1286-88
Level 3 1225 1298-1300
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