Gold 2016-12-08

short run indicators start to show that gold either hit bottom or closing from hit bottom before a rebound correction may hit market toward 1220 zone

as long as market holding trades with daily close above 1145-50 zone arebound correction is expected toward 1220 zone

below 1245 with daily close, this may add more drop pressure for farther retreat toward 1125 and 1110

	Support	Resistance
Level 1	1160-65	1188
Level 2	1150	1197
Level 3	1140	1220