Forex Trading Library

Gold 2016-11-03

0 154

as we advised yesterday

market managed to jump above 1289 which give the way for farther advance where main resistance zone laying around 1303-07 zone

this zone will consider the main zone between continue drop wave or any reverse at the current market prospective

as long as market holding below this zone the downtrend outlook will sustain where another drop toward 1250 will be expected

above 1307 market may add more advance to re-test 1325-30 zone before new uptrend wave take Gold toward 1370 zone

  Support Resistence
Level 1 1284 1295
Level 2 1271 1307
Level 3 1260 1325
Leave A Reply

Your email address will not be published.