Forex Trading Library

Gold 2018-03-08

1 178

As we advised yesterday and as we see over our previous chart

Gold managed to head toward 1341 resistance after break above 1331 zone as we advised before

while market managed to retreate from resistance 1341-43 zone, while market approach from target 1314-18

from that zone 1314-18 a chance for another advance toward 1341 is available

below 1314 market may head for re-tets to 1302-05 support zone

Above 1343 market may head for farther advance to test 1357-58 resistance which in turn may provide another drop correction at market

Support Resistance
Level 1 1314-18 1341-43
Level 2 1302-05 1357
Level 3 1291 1370-75
Leave A Reply

Your email address will not be published.