Forex Trading Library

Gold 2017-11-10

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Gold managed to head for some rebound correction after testing support 1260-65 while market slow movement is showing some risk

As we see over the chart, Gold facing resistance zone at 1296-98 which may push the market for another drop toward 1260-65 zone

Above 1298 more advance toward 1315 and 1330 is expected

Below 1260 Market may head for farther drop wave toward 1225 zone

  Support Resistance
Level 1 1279 1296-98
Level 2 1260-65 1315
Level 3 1250 1330
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