Gold 2017-09-29
Gold still trying to test support zone 1267-70 as we advised before while market first resistance laying at 1296
As long as market holding below 1296 a chance for farther drop to test 1267-70 zone is expected before a rebound correction may hit the market toward 1315
Above 1296 market may add more signals for farther advance toward 1315
Below 1267 market may enter new downtrend wave toward 1215
Support | Resistance | |
Level 1 | 1267-70 | 1296 |
Level 2 | 1250 | 1315 |
Level 3 | 1225 | 1335 |