Forex Trading Library

Gold 2017-06-23

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

Gold managed to obtain a daily close below 1270 zone which may be a start for another drop correction wave that may head to 1245 (target done) and 1230-35 zone

Intraday indicators showing resistance at 1257 where as long as market holding below one of those resistances the downtrend march may sustain toward  1230

above 1262 market may back again to test 1280 zone

  Support Resistance
Level 1 1242 1258
Level 2 1230 1268
Level 3 1215 1282
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