Gold 2016-11-24
![](https://assets.iorbex.com/blog/wp-content/uploads/2016/11/18072917/5836c8d947213-750x430.png)
market managed to obtain only rebound toward 1221 before Gold back to break below 1200 before Fed Minutes yesterday as market was anticipating strong signal for next month hike for the dollar rate
market now facing intraday trading zone between 1180 & 1193 which may sustain for few time
above 1193 more advance may be available to test 1200-05 zone
while below 1180 market may head for farther drop toward 1150 zone
Support | Resistence | |
Level 1 | 1180 | 1193 |
Level 2 | 1168 | 1200-05 |
Level 3 | 1150 | 1232 |