Gold 2016-10-11

0 1

as we advised yesterday

short-run indicators showing ability for gold to hold trading zone between 1245 and 1280 for the coming period of time

mid level resistance at 1265-66 where as long as market holding below another dip toward 1245-47 zone will be expected before market resume advance toward 1280 zone as rebound correction

this model need market to hold trades above 1241 support

below 1241 market may sustain drop toward 1232 zone

  Support Resistence
Level 1 1245-47 1265-66
Level 2 1241 1280
Level 3 1232 1290


or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss