Gold 2018-04-02

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Gold managed to sustain drop march after broke below 1340 where managed to hit first target 1325

Market managed to rebound on Global Banks holiday where Intraday Levels showing resistance at 1334-36 zone

As long as market holding trades below 1336 the downtrend march may sustain to test 1307-12 support trend

Above 1336 the market may be able to add more bonus where old resistance still laying at 1350-55 as we see over the chart

  Support Resistance
Level 1 1321 1334-36
Level 2 1307-12 1350-55
Level 3 1302 1375
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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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