Gold 2017-03-17
Gold managed to hit few dollars above 1231 while market managed to hold daily close below 1231 zone
market still facing resistance levels at 1230-31 where as long as market holding trades or the daily close below this zone the downtrend pressure may back to affect market to head toward 1170-80 zone
above 1231 or a daily close above this zone may activate more advance toward 1245 and 1255
Support | Resistance | |
Level 1 | 1211 | 1230-31 |
Level 2 | 1195 | 1245 |
Level 3 | 1170-80 | 1263 |