Forex Trading Library

Gold 2018-05-07

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Gold managed to hold trades below 1320 since last week which may add more drop signals over the precious metal

As long as market holding below 1320 the Intrdaya Levels showing chance for another drop correction wave toward 1260-70 target

Above 1320 more advance toward Short-Run resistance 1333 may hit the market before the downtrend resume at market

As long as the Daily close sustain below 1333 the downtrend wave will sustain toward 1260-70 zone

  Support Resistance
Level 1 1302 1320
Level 2 1290 1333
Level 3 1280 1350
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