Forex Trading Library

Gold 2017-01-30

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as we advised last week, market managed to resume drop movement as market holds trade below resistance 1210

so far market built another resistance for intraday frame at 1195 where as long as market holding below more drop yet to come toward 1170 zone

from that zone another rebound movement may hit market, while below 1170 more drop my emerge toward 1150

above 1195 another advance toward 1210 may have the chance

  Support Resistance
Level 1 1181 1195
Level 2 1170 1210
Level 3 1150 1220
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