Forex Trading Library

Gold 2017-04-03

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as we advised last week and as we see over our previous chart

Gold managed to head last week to test support 1240 where we advised before that as long as market holding above this zone more advance still available at market

below 1240 market will face drop pressure toward 1230 support and 1220 

any daily close below 1230 will retrive the downtrend wave that may target 1170-80 over Short-Run

  Support Resistance
Level 1 1240 1263
Level 2 1230 1275-80
Level 3 1220 1305
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