Forex Trading Library

Gold 2016-07-19

0 329

Market managed to hold trades above support 1320 for the forth day in a row which may be enogh for this drop correction to be over

as long as market holding above the 1320 will expect farther advance toward 1260-70 zone

while below 1320 market may add more drop to re-test 1305-10 support zone before rebound back toward 1360

below 1300 expect 1280 and 1250

  Support Resistence
Level 1 1320 1347
Level 2 1305-10 1360
Level 3 1280
Leave A Reply

Your email address will not be published.