Gold 2016-10-07

0 1

market managed to head toward short-run target 1250 where managed to hold trading zone between 1250 and 1262

as long as market holding below 1262 the downtred pressure will sustain for farther drop where below 1250 a new downtrend wave my hit market toward 1200-10 zone

above 1262 more advance may push the market where another resistance tat 1277-80 which may retrive the downtrend wave again

  Support Resistence
Level 1 1250 1262
Level 2 1235 1277-80
Level 3 1220 1295

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