Forex Trading Library

Gold 2016-10-13

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as we see over our previous chart Gold managed to head for drop correction where market managed to print low yesterday at 1249.80 which may be enough for Gold to resume rebound correction toward 1280 zone

however market still face 1265-66 resistance zone where as long as market holding below the chance for another visit below 1249 will be available

above 1266 market may set new uptrend path toward 1280 zone

  Support Resistence
Level 1 1249 1266
Level 2 1241 1280
Level 3 1232 1290
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