Gold 2016-12-08

Posted on

short run indicators start to show that gold either hit bottom or closing from hit bottom before a rebound correction may hit market toward 1220 zone

as long as market holding trades with daily close above 1145-50 zone arebound correction is expected toward 1220 zone

below 1245 with daily close, this may add more drop pressure for farther retreat toward 1125 and 1110

Support Resistance
Level 1 1160-65 1188
Level 2 1150 1197
Level 3 1140 1220
(Visited 8 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex