Gold 2016-05-23
Gold
1250
As we see over our previous chart for the last week, market managed to test support line 1240-44 and head for rebound correction so far toward 1259
market will have chance for another test toward 1244-46 which will be protected by support 1240 where if market managed to hold Gold above another rebound correction will be expected toward 1270-75
below 1238 market may head for farther drop toward zone 1210-15
Support | Resistence | |
Level 1 | 1240-44 | 1262 |
Level 2 | 1225 | 1270-75 |
Level 3 | 1210-15 | 1285 |