Forex Trading Library

Gold 2016-09-02

0 190

market fail to confirm the break of 1305 where market fail to hit below 1302 zone

however the short-run indicators showing that as long as market sustain trades below 1330 the downtrend wave may have chance to re-try to break down where below 1302 expect 1290

above 1330 market will face resistance 1340-43 where above this zone more advance will be expected with resistance at 1365-67 zone

  Support Resistence
Level 1 1302-03 1316
Level 2 1290 1325-30
Level 3 1250 1340
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