Forex Trading Library

Gold 2016-03-22

0 148

Gold

1251

Gold jump after Brussels Attack where managed to close to resistance zone of the downtrend channel 1262-65 as we see over the chart

as long as market holding below 1262-65 will expect farther drop toward 1215 zone

risk will be above 1265 where market will set unclear zone which may advance toward 1275 while resistance will set at 1285

  Support Resistence
Level 1 1250 1262-65
Level 2 1240 1275
Level 3 1225 1285
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