Forex Trading Library

Gold 2017-01-26

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Gold retreated below 1195 in signs of weakness which may push the precious metal for farther drop

market will face resistance at 1210 where as long as market holding below the downtrend pressure will sustain toward 1170-72 zone

any daily close below 1187 will be as conformation for farther drop wave to 1170 and maybe 1150

  Support Resistance
Level 1 1187 1210
Level 2 1170-72 1219
Level 3 1150 1232
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