Forex Trading Library

Gold 2017-03-16

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Gold managed to activate the reboud correction movemet after Fed rate hike where managed to hit target 1225

market now facing resistance levels at 1230-31 where as long as market holding trades or the daily close below this zone the downtrend pressure may back to affect market to head toward 1170-80 zone

above 1231 or a daily close above this zone may activate more advance toward 1245 and 1255

  Support Resistance
Level 1 1211 1230-31
Level 2 1195 1245
Level 3 1170-80 1263
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