Gold 2017-11-20
We still holding the same Model for Gold for the last few weeks
As we see over our previous chart and as we advised before
Gold managed last Friday to test 1296-98 resistance zone where market showing another drop wave
Market may hold trades between support 1260-65 and resistance 1295-98
Below 1260 more drop toward 1250 and 1225 will be expected
Above 1298 more advance toward 1315 and 1330 will be expected
Support | Resistance | |
Level 1 | 1288 | 1298 |
Level 2 | 1275 | 1315 |
Level 3 | 1260 | 1330 |