Forex Trading Library

Gold 2016-12-01

0 167

as we advised earlier this week

Gold managed to head for farther advance while market still facing downtrend pressure where resistance at 1202-06 zone

as long as market holding below this zone more drop toward 1170 and 1150 will be expected

market managed to hit first target 1170 while still awaiting second target at 1150

intraday resistance level at 1180-83 where as long as market holding below expect farther drop toward 1150

  Support Resistence
Level 1 1150 1180-83
Level 2 1130 1196
Level 3 1110 1206
Leave A Reply

Your email address will not be published.