Forex Trading Library

Gold 2018-02-28

2 396

Gold managed to retreate below support 1324 where market went under drop pressure untill now

As long as market holding below 1330 the chance for continues drop to test 1301 will be on hand before a rebound correction may hit market from that zone 1302 toward 1330

Above 1330 more advance to test 1340-41 zone is expected before some drop correction may hit the market as we see over the chart

Above 1341 market may head for farther advance to test 1360 zone

  Support Resistance
Level 1 1307 1330
Level 2 1300 1341
Level 3 1270 1360
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