Forex Trading Library

Gold 2016-02-08

0 167

Gold

1175

Market managed to obtain drop correction on better than expected unemployment data from USA while market managed to hold trades above support zone 1130-36 pushed back the market toward our target zone 1175-83

as long as market holding trades below 1192 we may face another drop correction over gold where support at 1164 and 1145

a break above 1192 may be the first signal of farther advance toward 1250-60 zone with resistance zone laying at 1210

  Support Resistence
Level 1 1164 1175-83
Level 2 1145 1192
Level 3 1130-36 1210
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