Gold 2016-04-14
Gold
1240
as we mentioned yesterday market faced drop correction as resistance zone 1265-75 still adding pressure over gold, while market rebound from support 1240 before retreat back to break below it
market tested support 1229.75 before rebound back toward 1240 as we see over our previous chart , while any daily close below 1235 will set downtrend wave over Gold that may affect the coming short-run trend
below 1229.75 market may head again to re-test support zone 1208-15 zone
Support | Resistence | |
Level 1 | 1229.75 | 1250 |
Level 2 | 1215 | 1265 |
Level 3 | 1208 | 1275 |