Gold 2016-05-10
Gold
1265
Market managed to break below 1269 which activate another drop pressure that may target 1235-40 zone as we advised before
market now facing resistance at 1274 where as long as market holding below this zone expect farther drop to come
above 1274 market may head again to test resistance zone 1285-87
Support | Resistence | |
Level 1 | 1259 | 1274 |
Level 2 | 1249 | 1285-87 |
Level 3 | 1235-45 | 1295 |