Forex Trading Library

Gold 2016-08-29

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Gold managed to hit below 1317 today in signs of ability to head or another test for support zone 1305-10

As long as market sustain trades above 1305 another rebound movement will be expected toward 1345-50 zone

Below 1305 more drop pressure may affect market toward 1290

  Support Resistence
Level 1 1305-10 1325
Level 2 1290 1335
Level 3 1260 1345-50
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