Gold 2016-02-08
Gold
1175
Market managed to obtain drop correction on better than expected unemployment data from USA while market managed to hold trades above support zone 1130-36 pushed back the market toward our target zone 1175-83
as long as market holding trades below 1192 we may face another drop correction over gold where support at 1164 and 1145
a break above 1192 may be the first signal of farther advance toward 1250-60 zone with resistance zone laying at 1210
Support | Resistence | |
Level 1 | 1164 | 1175-83 |
Level 2 | 1145 | 1192 |
Level 3 | 1130-36 | 1210 |