Gold 2016-11-16
as we advised yesterday
market sustain drop wave where market facing now resistance at 1232 and 1242
as long as market holding below those resistances more drop will be expected toward 1200-05 zone
from that zone 1200-05 will expect another rebound movement toward 1332 or 1341
below 1198 expect 1190 or 1180
Support | Resistence | |
Level 1 | 1200-05 | 1232 |
Level 2 | 1190 | 1242 |
Level 3 | 1180 | 1255 |