Forex Trading Library

Gold 2017-09-29

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Gold still trying to test support zone 1267-70 as we advised before while market first resistance laying at 1296

As long as market holding below 1296 a chance for farther drop to test 1267-70 zone is expected before a rebound correction may hit the market toward 1315

Above 1296 market may add more signals for farther advance toward 1315

Below 1267 market may enter new downtrend wave toward 1215

  Support Resistance
Level 1 1267-70 1296
Level 2 1250 1315
Level 3 1225 1335
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