Gold 2016-12-01
as we advised earlier this week
Gold managed to head for farther advance while market still facing downtrend pressure where resistance at 1202-06 zone
as long as market holding below this zone more drop toward 1170 and 1150 will be expected
market managed to hit first target 1170 while still awaiting second target at 1150
intraday resistance level at 1180-83 where as long as market holding below expect farther drop toward 1150
Support | Resistence | |
Level 1 | 1150 | 1180-83 |
Level 2 | 1130 | 1196 |
Level 3 | 1110 | 1206 |