Forex Trading Library

Gold 2015-12-18

0 116

XAUUSD

1057

market managed to fell below support line of the downtrend channel where support still at 1046-48

as long as market holding trades below 1062 the downtrend pressure will sustain toward 1030

above 1062 market will risk for farther rebound toward 1075 and above that expect 1095

  Support Resistence
Level 1 1046 1062
Level 2 1030 1075
Level 3 1010 1095
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