Forex Trading Library

Gold 2017-12-08

2 384

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
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