Gold 2016-02-22
Gold
1203
Market managed to fell below 1210 which indicating drop pressure over short run
as long as market holding below 1210 will expect farther drop to come to test 1190-95 zone and 1180 while below 1180 market may add more drop movement toward 1145-1150 zone
market facing second resistance at 1220-24 which market need to break above in order to restore strength over market
Support | Resistence | |
Level 1 | 1190-95 | 1210 |
Level 2 | 1180 | 1220-24 |
Level 3 | 1145-50 | 1235 |