Gold 2017-12-08
As we advised yesterday and as we see over our previous chart
Gold managed to break below 1260 yesterday which may trigger a new downtrend wave over the comming short-run toward 1215-25 zone
As long as market holding below 1265-70 the downtrend wave will sustain toward 1215-25 zone
Above 1270 market may head for farther rebound correction toward 288 zone
Support | Resistance | |
Level 1 | 1243 | 1260 |
Level 2 | 1225 | 1270 |
Level 3 | 1210 | 1288 |