Forex Trading Library

Gold 2017-01-12

0 150

Gold managed to hold advance toward target 1204

Market now facing resistance at 1206-07 where above this zone more advance may hit market toward 1230-40 zone

1230-40 will consider as the main resistance for the coming Short-Run which may activate another drop wave toward 1160 zone

Above 1240 more advance toward 1275-85 will be expected

  Support Resistance
Level 1 1190 1206-07
Level 2 1171 1221
Level 3 1160 1232
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