Gold 2017-11-28
We still holding the same Model for Gold for the last few weeks
As we see over our previous chart and as we advised before
Gold managed 2 weeks ago to test 1296-98 resistance zone where market headed to another drop wave toward 1275
Market managed yesterday to hit 1299 which still not break yet
Market may hold trades between support 1260-65 and resistance 1295-98
Below 1260 more drop toward 1250 and 1225 will be expected
Above 1298 more advance toward 1315 and 1330 will be expected
Support | Resistance | |
Level 1 | 1275 | 1298 |
Level 2 | 1260 | 1315 |
Level 3 | 1250 | 1330 |