Gold 2016-08-19
we still holding our previous view
market managed to advance toward target zone 1355-58 as we advised 2 days ago
market still holding trades inside Triangle Formation where support zone now at 1337-38 which may provid another advance toward 1355 zone
below 1330 market may add more drop pressure to head toward 1315 zone
above 1367 market may activate another pull movement that may target 1392 with resistance at 1375
Support | Resistence | |
Level 1 | 1337 | 1358-60 |
Level 2 | 1330 | 1367 |
Level 3 | 1315-20 | 1392 |