Forex Trading Library

Gold 2017-11-28

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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 2 weeks ago to test 1296-98 resistance zone where market headed to another drop wave toward 1275

Market managed yesterday to hit 1299 which still not break yet

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 1275 1298
Level 2 1260 1315
Level 3 1250 1330
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