Forex Trading Library

Gold 2016-08-08

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Gold managed to head for drop correction as we advised last Friday, while managed to break below 1346 and tested our second target support 1328-30

as long as market holding above 1328 a rebound correction may hit market toward 1340-45 zone

while as long as market holding below resistance zone 1350-51 the downtrend wave will sustain to re-test support zone 1305-10

 

  Support Resistence
Level 1 1328-30 1340
Level 2 1321 1350-51
Level 3 1305-10 1365-67
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