Gold 2017-12-28

1 3

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

Gold managed to back to advance just before year end

As we see over the chart, Gold facing resistance downtrend line around 1294-99 zone where as long as market holding trades below another drop correction toward 1260-65 zone will be expected

Above 1300 zone market may enter new uptrend wave that may target 1330-50 zone

  Support Resistance
Level 1 1275 1294.98
Level 2 1260-65 1315
Level 3 1243 1330

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss