Gold 2016-10-17
As we see over our previous chart and as we advised last week
market managed to hit and test our support zone 1245-47 last friday while market still holding tight zone with low liquidity
as long as market holding above 1241 the chance will sustain for more rebound correction toward 1280
below 1241 market may add more drop movement toward 1232 and maybe lower toward 1218
Support | Resistence | |
Level 1 | 1245-47 | 1266 |
Level 2 | 1241 | 1280 |
Level 3 | 1232 | 1290 |