Forex Trading Library

Gold 2016-02-16

0 201

Gold

1213

as we see over our last chart, market managed to head to test second support zone 1180-90 where market managed to rebound fast from that zone

so far market showing signals of farther rebound movement where 1240 and 1250 would be short-run target

as long as market holding above 1180 the uptrend will sustain for another test to 1250-55 zone

below 1180 market may head back toward 1145 zone

  Support Resistence
Level 1 1200 1215
Level 2 1190 1232
Level 3 1180 1245
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