Gold 2016-01-19
Gold
1085
Market managed to rebound from 1070 last week where managed to test 1095-96 zone twice last week
so far short-run showing support zone at 1080-83 zone where market managed to test today, while as long as market continue trades above support 1070 a chance for farther rebound correction toward 1106 and 1120 and 1130 will be expected
below 1070 market may head to re-test 1045-55 zone
Support | Resistence | |
Level 1 | 1070 | 1096 |
Level 2 | 1045-55 | 1106-08 |
Level 3 | 1025 | 1120 |