Forex Trading Library

Gold 2017-03-10

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Gold managed to obtain a daily close below 1225 where market add more drop signe for the coming Short-Run as we advised before

as we see over our previous chart 

Gold built new resistance at 1225-27 zone where as long as market holding below more drop yet to come where 1170-80 become as target for Short-Run

above 1227 market may add more rebound correction toward 1245 zon

  Support Resistance
Level 1 1170-80 1202
Level 2 1150 1212
Level 3 1130 1225
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