Gold 2017-12-12

1 2

As we last week and as we see over our previous chart

Gold managed to break below 1260 last week 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 1235 1247
Level 2 1225 1253
Level 3 1210-15 1260


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