Gold 2016-05-25
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Gold
1221
market managed to break below support 1238-40 yesterday which triggered farther drop movement where market facing now support at 1218-20 zone while may give the market chance a rebound correction toward 1230-35 before downtrend resume
below 1218 market will add more sign of continues drop toward 1209 and 1192 zone
in general zone of 1192 – 1209 will consider as support zone which may hit the market for rebound correction so nee to watch carefully
Support | Resistence | |
Level 1 | 1218 | 1230-35 |
Level 2 | 1209 | 1240-45 |
Level 3 | 1192 | 1262 |