Forex Trading Library

Gold 2016-08-26

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Market managed to hold downtrend pressure as market sustain trades below 1344 as we advised this week where managed to test support zone 1317-19 as we advised yesterday

we also advised that 1317-19 may provide support level for rebound correction where first resistance zone at 1330-35 which may give a trading zone

below 1317 market risk for farther drop to re-test old support 1305-10

above 1335 expect a test for 1348-53 zone

  Support Resistence
Level 1 1317-19 1330-35
Level 2 1305-10 1348-53
Level 3 1280 1367
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