Forex Trading Library

Gold 2017-10-18

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Gold managed to break below 1285-87 as we advised yesterday which may set new downtrend course toward 1250

Market will face resistance at 1285 and 1295 where as long as market holding below those resistances the downtrend wave will sustain toward 1250

Above 1295 market may head again for another try to test 1315

  Support Resistance
Level 1 1279 1285
Level 2 1260 1295
Level 3 1250 1305
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