Gold 2016-11-17

Posted on

as we advised yesterday

market sustain drop wave where market facing now resistance at 1232 and 1242

as long as market holding below those resistances more drop will be expected toward 1200-05 zone

from that zone 1200-05 will expect another rebound movement toward 1332 or 1341

below 1198 expect 1190 or 1180

  Support Resistence
Level 1 1200-05 1232
Level 2 1190 1242
Level 3 1180 1255
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