GOLD WITHIN LOWER PRICE RANGE 1280-1260 CAUTION!!!
GOLD has made an impluse move to the downside from 1365-1282, some might count it as 1/2/3/5 waves. it has the probablity to be complete at 1282, caution is warranted
break below 1280 then likely to retest 1260-1250 price zone, prices to consolidate and will be volatile therefore trade with care.
resistance zones: 1300-1320/1330-1350
support zones: 1280-1260/ 1250-1230
below 1230 then likely to retest 1200-1180.
Above 1350-1375 then 1400-1420/1430-1450/1470-1485/1500-1525.
break below 1280 then likely to retest 1260-1250 price zone, prices to consolidate and will be volatile therefore trade with care.
resistance zones: 1300-1320/1330-1350
support zones: 1280-1260/ 1250-1230
below 1230 then likely to retest 1200-1180.
Above 1350-1375 then 1400-1420/1430-1450/1470-1485/1500-1525.
