Gold 2017-12-27

1 3

Gold managed to back to advance just before year end

As we see over the chart, Gold facing resistance downtrend line around 1294-99 zone where as long as market holding trades below another drop correction toward 1260-65 zone will be expected

Above 1300 zone market may enter new uptrend wave that may target 1330-50 zone

  Support Resistance
Level 1 1275 1294-99
Level 2 1260-65 1315
Level 3 1245 1330

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