Forex Trading Library

Gold 2017-03-13

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Gold managed to add more drop last week where managed to rebound from 1195 low with weekly close above 1202 which may affect market for farther rebound correction

market looking now for more advance to re-test 1225-27 which may trigger in turn the downtrend pressure again over Gold toward 1170-80 zone

above 1231 more advance toward 1245 and 1255 may hit the market

  Support Resistance
Level 1 1202 1216
Level 2 1195 1225
Level 3 1170-80 1231
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