Gold 2018-05-07
Gold managed to hold trades below 1320 since last week which may add more drop signals over the precious metal
As long as market holding below 1320 the Intrdaya Levels showing chance for another drop correction wave toward 1260-70 target
Above 1320 more advance toward Short-Run resistance 1333 may hit the market before the downtrend resume at market
As long as the Daily close sustain below 1333 the downtrend wave will sustain toward 1260-70 zone
Support | Resistance | |
Level 1 | 1302 | 1320 |
Level 2 | 1290 | 1333 |
Level 3 | 1280 | 1350 |