Gold 2016-06-06
Gold
1242
Market managed to jump fast above resistance 1220 after US jobs report last Friday
as we see over the chart, market now in trading zone between 1190 – 1265
while short run may sustain advance to test 1265 before a drop correction hit the market
short-run showing support at 1228 where as long as market holding above the uptrend will sustain to test resistance 1255 and 1265
below 1228 market may back to downtrend movement
Support | Resistence | |
Level 1 | 1228 | 1255 |
Level 2 | 1215 | 1265 |
Level 3 | 1200 | 1275 |