Forex Trading Library

Gold 2017-04-06

0 142

as we advised before and as we see over our previous chart

Gold failed so far to break above resistance 1263 which may set market in trading zone between support 1240 and resistance 1263 (already done at market)

above 1263 more advance toward 1275-80 zone is expected before market shift again toward drop pressure

below 1240 more drop toward 1215 is expected with chance to head toward 1170-80 zone

  Support Resistance
Level 1 1240 1263
Level 2 1230 1275-80
Level 3 1215 1305
Leave A Reply

Your email address will not be published.