Gold 2017-05-01
as we see over our previous chart, and as we advised last week week
market managed to test support 1260 where market managed to head for some rebound correction from that zone
market still facing support zone at 1260-63 where as long as market holding above another advance toward 1285-88 zone is expected
above 1288 the chance will increase for farther advance toward 1305
below 1260 more drop toward 1240 and 1220 will be expected
Support | Resistance | |
Level 1 | 1260 | 1270 |
Level 2 | 1240 | 1278 |
Level 3 | 1220 | 1288 |