Gold 2017-11-06
We still holding our previous model for Gold
As we advised last week and as we see over our previous chart
Gold managed to sustain drop toward target 1260-65
As long as market holding above 1260 another advance wave may hit market toward 1298
Below 1260 market may head for farther drop to test 1248-50 support trend
Below 1248 more drop toward 1225 is expected
any daily close above 1282-83 zone may activate more advance movement
Support | Resistance | |
Level 1 | 1260-65 | 1283 |
Level 2 | 1248-50 | 1298 |
Level 3 | 1225 | 1315 |