Gold 2017-12-19

1 3

As we advised last week 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 1265-70 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 1265-70
Level 2 1243 1288
Level 3 1225 1298

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