Gold 2015-11-12
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XAUUSD
1087
market managed to sustain drop as expected toward target zone 1082-92 after U.S employment data last Friday
we also advised that this zone may be consider as long(buy) zone for the short-run trading
as long as market holding trades above support 1072 will expect another rebound to retest 1120-25 zone
while below 1072 market may sustain drop toward 1050 and 1020 zone
Support | Resistence | |
Level 1 | 1082 | 1104 |
Level 2 | 1072 | 1115 |
Level 3 | 1150 | 1120-25 |