Forex Trading Library

Gold 2016-05-10

0 144

Gold

1265

Market managed to break below 1269 which activate another drop pressure that may target 1235-40 zone as we advised before

market now facing resistance at 1274 where as long as market holding below this zone expect farther drop to come

above 1274 market may head again to test resistance zone 1285-87

  Support Resistence
Level 1 1259 1274
Level 2 1249 1285-87
Level 3 1235-45 1295
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