Gold 2016-04-13
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Gold
1242
as we mentioned yesterday market faced drop correction as resistance zone 1265-75 still adding pressure over gold, while market is now testing 1240 support level
as long as market holding above 1240 the chance for another run toward 1265-75 will sustain, while below 1240 market may adding more drop where next support laying at 1229.75
below 1229.75 market may head again to re-test support zone 1208-15 zone
Support | Resistence | |
Level 1 | 1240 | 1252 |
Level 2 | 1229.75 | 1265 |
Level 3 | 1208-15 | 1275 |