Forex Trading Library

Gold 2017-09-12

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

Gold failed to obtain daily close above 1355 which may activate farther drop correction

Market managed to hit below support at 1326 where more drop toward 1300-05 will be expected before uptrend wave reactivate again

Above 1340 uptrend may back to control market again 

  Support Resistance
Level 1 1326 1340
Level 2 1300-05 1355
Level 3 1270 1370-75
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