Forex Trading Library

Gold 2016-07-29

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Market managed to hold trades below resistance 1347 so far while our short-run target still toward 1360-70 zone

Intraday trading levels showing ability for market to sustain advance as long as market holding trades above 1330

below this level market may head to test support zone 1315-25 where from there will expect the uptrend to back again

below 1315 this will add more risk of ability for market to break below 1305 and to head lower

  Support Resistence
Level 1 1330 1347
Level 2 1315-25 1360
Level 3 1305-10 1375
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