Gold 2018-01-15

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Gold managed to advance towards it’s first target of 1335 as discussed last week. Above this zone indicates that more advancement towards 1350-55 is still expected.

Zone 1350-55 may provide some drop correction with a trading zone created towards the support level of 1322-26.

Should it progress above 1355, more advancement towards 1375 will be expected.

 

Support Resistance
Level 1 1340 1355
Level 2 1322-26 1375
Level 3 1310 1420
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