Forex Trading Library

Gold 2018-02-12

2 190

As we advised last week

Gold managed to retreate from 1350 zone where market managed to print 1307 low last week

Intraday Levels showing resistance level at 1320 and 1332 where as long as market holding below more drop will be expected toward 1294-96 zone

From support zone 1294-96 will expect another advance wave toward 1330-35 and 1350 zone

Above 1332 more advance toward 1350-55 will be expected

Below 1292 more drop toward 1261 will be expected

  Support Resistance
Level 1 1307 1320
Level 2 1294-96 1332
Level 3 1261 1350-55
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