Forex Trading Library

Gold 2016-05-11

0 134

Gold

1272

Market managed to hit above 1274 which may activate rebound correction toward 1285-90 zone for the coming short-run

while from there and as long as market holding below 1290 another drop wave toward 1235-40 zone may control the market

risk for mare advance will be above 1290 where market chance to continue advance or to head again for drop may have 50/50 chance

  Support Resistence
Level 1 1268 1274
Level 2 1259 1285-90
Level 3 1240 1303
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