Gold 2017-05-12

market managed to rebound from support zone 1215-20 as we advised before while market now facing resistance at 1236

as long as market holding below 1236 the chance for another drop to re-test 1215-20 zone

below 1214 more drop toward 1195 is expected

above 1236 more advance toward 1263 is expected

	Support	Resistance
Level 1	1215	1236
Level 2	1195	1263
Level 3	1180	1275