Gold 2017-12-15

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As we advised yesterday and as we see over our previous chart

Gold managed to head for rebound correction which is the first after market break throw below 1260

Gold facing resistance level at 1260 and 1270 where as long as market holding below one of those resistances the downtrend wave will sustain toward 1215-25 target

Above 1270 market may show risk for farther advance toward 1288 and above

  Support Resistance
Level 1 1253 1260
Level 2 1243 1265
Level 3 1236 1270


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