Gold 2015-11-16
XAUUSD
1092
market managed to sustain drop as expected toward target zone 1082-92 after U.S employment data 2 weeks ago
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 1100 and 1116
while below 1072 market may sustain drop toward 1050 and 1020 zone
Support | Resistence | |
Level 1 | 1082 | 1100 |
Level 2 | 1072 | 1116 |
Level 3 | 1150 | 1120-25 |