Gold 2018-04-24
Gold managed to maintain tight zone inside our expected trading zone without testing any of support OR resistance
As long as market holding trades above 1318-20 support a traing zone toward 1335-36 will be expected
Below 1318 market may head for farther drop movement to test 1305-10 where below this zone a major risk for farther drop wave toward 1260-70 may occur
Above 1336 farther rebound correction will be expected toward 1350-55 zone
Support | Resistance | |
Level 1 | 1318-20 | 1335-36 |
Level 2 | 1305-10 | 1350-55 |
Level 3 | 1290 | 1365 |