Forex Trading Library

Gold 2017-02-28

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as we advised in previous report and as we see over our previous chart

Gold managed to hold uptrend momentum where managed last week to break above resistance 1245 as we see over our previous chart

we advised in our previous report that any break above 1245 whould open the way toward farther advance toward 1260 and 1280-90 zone

market now facing support at 1245 and 1225 where as long as market holding above one of those supports the target will remain toward 1280-90 zone

below 1225 market may head for farther drop toward 1170-80 zone

  Support Resistance
Level 1 1245 1260
Level 2 1225 1280
Level 3 1216 1290
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