Forex Trading Library

Gold 2018-04-23

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Gold managed to sustain drop after broke below 1340 as we advised last week

Market now closing from target and support 1318-20 which may hold trading zone toward 1335-36 levels

Below 1318 market may risk for farther drop to test 1305-10 zone which in turn may provide rebound correction

Above 1336 more advance to re-test 1350-55 zone is expected

  Support Resistance
Level 1 1318-20 1335-36
Level 2 1305-10 1350-55
Level 3 1290 1.360-65
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