Gold 2017-05-30
Gold managed to head again to test support 1262, where as long as market holding above another advance toward 1275-80 zone is expected which in turn may provide a drop correction at market
above 1280 market will face resistance at 1295 where above this zone market may enter new uptrend wave that may target 1335 zone
below 1245 market may enter another downtrend wave that may target 1221-25 and 1200 zone
Support | Resistance | |
Level 1 | 1262 | 1275-80 |
Level 2 | 1245 | 1295 |
Level 3 | 1221-25 | 1305 |