Forex Trading Library

Gold 2017-02-09

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our outlook for the Short-Run still the same

Gold managed to resume advanced toward 1232 zone

market now facing Short-Run main resistance zone at 1242

as long as market holding below this resistance a drop correction may hit the market toward 1180-85 zone

above 1245 market may start new uptrend wave toward 1280-90 zone

  Support Resistance
Level 1 1232 1245
Level 2 1220 1260
Level 3 1200 1280
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