Gold 2017-12-06
As we advised yesterday and as we see over our previous chart
Gold still holding our trading zone between 1260-65 support and 1298 resistance as we advised in the last few weeks
Market facing main support uptrend at 1260-65 where as long as market holding above another rebound movement toward 1285-88 will be expected
Above 1298 maret may head for farther advance toward 1330 zone
Below 1260 market may enter new downtred wave that may target 1225 as first target
Support | Resistance | |
Level 1 | 1260 | 1275 |
Level 2 | 1248 | 1289 |
Level 3 | 1225 | 1298 |