Gold 2016-06-29
Gold
1321
As we advised last week, market jump into Gold as U.K decide to leave EU which spur demand for safe haven
market managed to retreat toward 1300-07 zone where we will consider 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
a 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 |