Gold 2018-01-12

Posted on

As we advised since the last week

Gold still holding uptrend wave after breaking above 1298 where market managed to hit target 1330-35 zone today

Market now facing support at 1325 and 1310 where as long as market holding above more advance toward 1350-55 zone is expected

Above 1355 more advance toward 1375 will be expected

Below 1310 market may have chance for farther drop correction toward 1288

  Support Resistance
Level 1 1325 1335
Level 2 1310 1350-55
Level 3 1288 1375
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