Gold 2017-12-08

Posted on

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

Gold managed to break below 1260 yesterday which may trigger a new downtrend wave over the comming short-run toward 1215-25 zone

As long as market holding below 1265-70 the downtrend wave will sustain toward 1215-25 zone

Above 1270 market may head for farther rebound correction toward 288 zone

  Support Resistance
Level 1 1243 1260
Level 2 1225 1270
Level 3 1210 1288
(Visited 21 times, 1 visits today)

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

- Website

Follow Me:
TwitterFacebookLinkedInPinterestGoogle PlusYouTube

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

At ORBEX the trader is our greatest asset. We provide access to trading FX, Futures, Metals, CFD’s and Commodities on MT4 and word-class customer service.

© Orbex