Gold 2017-01-09
![](https://assets.iorbex.com/blog/wp-content/uploads/2017/01/18065548/58736c1b7d086-750x430.png)
as we advised last week and as we see over our previous chart
market managed to hit above 1180 zone which may hold the uptrend wave which protected by support 1162-64
as long as market holding above 1162-64 the chance for farther advance toward 1204 will sustain
below 1162 more drop toward 1142 will be expected
Support | Resistance | |
Level 1 | 1162-64 | 1185 |
Level 2 | 1142 | 1204 |
Level 3 | 1122-26 | 1221 |