Gold 2016-12-15
market managed to fell below 1150 after Fed rate hike yesterday while managed to obtain daily close below 1145
we advised before that any daily close below 1145 may set new downtrend wave toward 1110 zone
market facing resistance at 1145 and 1155 where as long as market holding below more drop will be expected toward 1110
Support | Resistance | |
Level 1 | 1125 | 1135 |
Level 2 | 1110 | 1145 |
Level 3 | 1090 | 1155 |