Gold 2017-06-29
as we advised last week and as we see over our previous chart
Gold managed to obtain a daily close below 1270 zone which may be a start for another drop correction wave that may head to 1245 (target done) and 1230-35 zone
Intraday indicators showing resistance at 1258-59 where as long as market holding below one of those resistances the downtrend march may sustain toward 1230-35 zone
above 1262 market may back again to test 1282 zone
Support | Resistance | |
Level 1 | 1239 | 1258 |
Level 2 | 1230-33 | 1272 |
Level 3 | 1215 | 1282 |