Forex Trading Library

Gold 2015-10-28

0 369

XAUUSD

1172

as we see over the chart, Gold still holding trades inside short-run uptrend channel where support level at 1156.

Zone of 1156-70 considered as support (long) zone, where target still toward 1198-1206 zone.

below 1150 market may sustain drop movement to re-test support trend around 1125 zone

  Support Resistence
Level 1 1156 1180
Level 2 1150 1191
Level 3 1125 1198-1206
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