Forex Trading Library

Gold 2018-01-24

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Gold managed to back to advance wave after tested support 1322-26 as we advised before where managed today to hit target 1350-55

From this zone 1350-55 market may head for some drop correction with a trading zone toward support 1322-26 again

Above 1355 market may enter new uptrend wave that may target 1370-75 zone, while above this zone more advance toward 1420 will be expected

  Support Resistance
Level 1 1338 1350-55
Level 2 1322-26 1370-75
Level 3 1300 1420
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