Forex Trading Library

Gold 2016-05-09

0 156

Gold

1275

Market managed to retreat after advance over US labor market worst than expected data, while market head for profit gain as chance for Fed rate hike still on table.

market facing support at 1269 where as long as market holding above the chance to visit 1305-10 will stand, while below 1269 market may head for farther drop to test 1235-45 zone while market may face 1262 as support which need to watch carefully

  Support Resistence
Level 1 1269 1298-1300
Level 2 1262 1310
Level 3 1235-45 1325
Leave A Reply

Your email address will not be published.