Gold 2016-06-23
Gold
1262
as we advised before, market managed to fell below 1276 which triggered farther drop movement that may target 1250-55 zone
as long as market holding below 1280 the drop pressure will sustain toward 1250-55
if market managed to hold trades above 1250 another rebound correction may hit market toward 1280-90
below 1250 market may add more drop toward 1215 zone
Support | Resistence | |
Level 1 | 1250-55 | 1280 |
Level 2 | 1215-20 | 1295 |
Level 3 | 1200 | 1315 |