Gold 2017-05-04
Gold managed to sustain drop as we advised before where managed to fell below 1240 zone
as we see over the chart market still having room for more drop to test support line around 1215-20 zone which may provide rebound correction toward 1263
below 1215 more drop will be expected to attack support level 1195
above 1263 more advance may hit market toward 1280-85 zone
Support | Resistance | |
Level 1 | 1227 | 1263 |
Level 2 | 1215-20 | 1278 |
Level 3 | 1195 | 1288 |