Gold 2016-06-02
Gold
1216
as we advised last week market managed to hold trades below resistance 1235 where managed to head toward target zone 1210 with farther drop where support zone at 1190-95
and as we see over our previous chart, market managed to obtain some advance from 1200 support while market managed to test resistance 1218-20 , where as long as market holding below this level another test for 1200-05 will be available while farther drop toward 1190-95 still ongoing
above 1220 market may head for farther advance toward 1230-35 zone resistance where from there market may face drop movement again toward 1200
Support | Resistence | |
Level 1 | 1200 | 1218-20 |
Level 2 | 1190-95 | 1235 |
Level 3 | 1170 | 1255 |