GOLD is still on donw side. It faced downtrend line. It got back bearish power again and starting down again. Daily candle is giving bearish confirmation. It is trying to break its critical level at 1180. If this can break, then down rally should start again. Target will be 1150 where weekly 1st support is staying. 1210 is very good level for sell entry. Gold sellers should sell from every retracement.
Weekly Pivot, Support and Resistance
Resistance Two (R2): 1264
Resistance One (R1): 1228
Pivot Point: 1185
Support One (S1): 1149
Support Two (S2): 1106
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