Forex Trading Library

Gold 2017-02-13

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as we see over our previous chart and as we advised last week

Gold managed to hold trades above 1220 where managed to add more rebound toward1235 zone

market still facing major resistance key at 1242-45 zone where as long as market holding below this zone and once break below 1220 more drop will be expected toward 1170-80 zone

above 1245 expect farther advance toward 1260 and above

  Support Resistance
Level 1 1220 1235
Level 2 1200 1242-45
Level 3 1170-80 1260
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