Forex Trading Library

Gold 2017-12-06

1 145

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

Gold still holding our trading zone between 1260-65 support and 1298 resistance as we advised in the last few weeks

Market facing main support uptrend at 1260-65 where as long as market holding above another rebound movement toward 1285-88 will be expected

Above 1298 maret may head for farther advance toward 1330 zone

Below 1260 market may enter new downtred wave that may target 1225 as first target

  Support Resistance
Level 1 1260 1275
Level 2 1248 1289
Level 3 1225 1298
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