Gold 2018-08-06

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As we advised in the last 2 weeks and as we see over our previous chart

Gold also managed to rebound aftre trumps tweet on rate hike where Gold managed to re-test resistance 1236-37 zone

Short-Run outlook see main resistance at 1245 where as long as Gold maintain trades below the downtrend wave is on go toward 1100 target

above 1245 the Intraday levels may give farther advance where another resistance laying t 1266

  Support Resistance
Level 1 1205 1213
Level 2 1195 1220
Level 3 1180 1236


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