Forex Trading Library

Gold 2017-05-18

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Gold managed to head toward target 1263 after breaking above 1236 as we advised before

market now facing resistance level at 1263 where as long as market holding below another drop correction toward 1238-42 may hit the market

above 1263 market may activate the uptrend wave again to test 1275-80 resistance zone

  Support Resistance
Level 1 1253 1263
Level 2 1238 1275-80
Level 3 1225 1295
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