Gold 2016-06-24
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Gold
1322
Market jump into Gold as U.K decide to leave EU which spur demand for safe haven
market managed to retreat toward 1307 zone where we will consider 1300-10 as the support zone
however market still facing 1335 as resistance level which need a daily close above this level to confirm uptrend wave that may target 1393 and 1435
however a daily close below 1335 which break below 1300 may head the market again for drop correction toward 1255-60
Support | Resistence | |
Level 1 | 1300-10 | 1335 |
Level 2 | 1250-60 | 1393 |
Level 3 | 1220 | 1435 |