Gold 2017-01-26
Gold retreated below 1195 in signs of weakness which may push the precious metal for farther drop
market will face resistance at 1210 where as long as market holding below the downtrend pressure will sustain toward 1170-72 zone
any daily close below 1187 will be as conformation for farther drop wave to 1170 and maybe 1150
Support | Resistance | |
Level 1 | 1187 | 1210 |
Level 2 | 1170-72 | 1219 |
Level 3 | 1150 | 1232 |