Gold 2018-01-24
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 |