Gold 2018-10-16
As we advised yesterday and as we see over our previous chart
Gold managed to broke above resistance levels where market closing from our target and resistance zone 1235-40
As long as Gold holding trades below this zone 1235-40 another drop correction with trading zone may control the market toward 1210-15 s we see over the chart
Below 1208 a chance for another dip toward 1180 and lower will be expected
Above 1240 the chance for more advance may or may not hit the market
Support | Resistance | |
Level 1 | 1224 | 1235-40 |
Level 2 | 1215 | 1265-70 |
Level 3 | 1208 | 1300 |