Gold 2016-11-09

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As a result of Trump win for U.S presidential race, Gold may head for farther advance where main resistance become at 1325-30 zone

Intraday support at 1293 where as long as market holding above more advance to re-test 1325-30 will be available

Second support at 1268 where as long as Daily close sustain above 1275 the uptrend wave will sustain

Below 1268 market may head again to re-test 1240-50 zone

 

  Support Resistence
Level 1 1293 1310
Level 2 1268 1325-30
Level 3 1240-50 1345

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