Forex Trading Library

Gold 2016-01-18

0 132

Gold

1090

Market managed to rebound from 1070 last week where managed to test 1095-96 zone twice last week

so far short-run showing support zone at 1080-83 zone , while as long as market continue trades above support 1070 a chance for farther rebound correction toward 1106 and 1120 will be expected

below 1070 market may head to re-test 1045-55 zone

  Support Resistence
Level 1 1070 1096
Level 2 1045-55 1106-08
Level 3 1025 1120
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