Forex Trading Library

Gold 2017-06-02

0 162

as we advised yesterday

Gold managed to sustain advance toward 1274 yesterday

as we see over the chart market still holding trades below downtrend line where resistance zone at 1275-80

as long as market holding below this zone another drop toward 1245 may hit the market

above 1280 market will face resistance at 1295, while above this level more advance toward 1305 will be expected

  Support Resistance
Level 1 1259 1275-80
Level 2 1245 1295
Level 3 1221-25 1305
Leave A Reply

Your email address will not be published.