Gold 2018-02-28
Gold managed to retreate below support 1324 where market went under drop pressure untill now
As long as market holding below 1330 the chance for continues drop to test 1301 will be on hand before a rebound correction may hit market from that zone 1302 toward 1330
Above 1330 more advance to test 1340-41 zone is expected before some drop correction may hit the market as we see over the chart
Above 1341 market may head for farther advance to test 1360 zone
Support | Resistance | |
Level 1 | 1307 | 1330 |
Level 2 | 1300 | 1341 |
Level 3 | 1270 | 1360 |