Gold 2018-01-15
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 |