Forex Trading Library

Gold 2015-12-07

0 115

XAUUSD

1083

Market managed to break above resistance level of the downtrend channel which activated rebound correction last week

market still have room to advance inside 1094-98 zone

as long as market holding trades below 1100 will expect another drop to re-test 1040-45 zone

above 1100 market may add more signs for farther advance toward 1130

Support Resistence
Level 1 1079 1094-98
Level 2 1060 1115
Level 3 1040-45 1130
Leave A Reply

Your email address will not be published.