Gold 2018-02-12
As we advised last week
Gold managed to retreate from 1350 zone where market managed to print 1307 low last week
Intraday Levels showing resistance level at 1320 and 1332 where as long as market holding below more drop will be expected toward 1294-96 zone
From support zone 1294-96 will expect another advance wave toward 1330-35 and 1350 zone
Above 1332 more advance toward 1350-55 will be expected
Below 1292 more drop toward 1261 will be expected
Support | Resistance | |
Level 1 | 1307 | 1320 |
Level 2 | 1294-96 | 1332 |
Level 3 | 1261 | 1350-55 |