Gold 2016-12-07
as we see over our previous chart
Gold managed to retreat back fast below 1180 after market hit 1188 high 2 days ago
As long as market holding daily close below 1181 the downtrend pressure will sustain toward 1150 zone
Any daily close above 1181 may set another rebound correction wave toward 1220 zone
Support | Resistance | |
Level 1 | 1160 | 1181 |
Level 2 | 1150 | 1188 |
Level 3 | 1135 | 1205 |