Forex Trading Library

Gold 2017-11-20

2 150

We still holding the same Model for Gold for the last few weeks

As we see over our previous chart and as we advised before

Gold managed last Friday to test 1296-98 resistance zone where market showing another drop wave

Market may hold trades between support 1260-65 and resistance 1295-98

Below 1260 more drop toward 1250 and 1225 will be expected

Above 1298 more advance toward 1315 and 1330 will be expected

  Support Resistance
Level 1 1288 1298
Level 2 1275 1315
Level 3 1260 1330
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