Gold 2018-06-25

Posted on

Gold managed to print below 1265 support which may add more drop pressure over the precious metal

Market facing several resistances over the Intraday levels starting from 1273 as we see over the chart while downtrend target will be around 1236 zone

Above 1286 Gold may head for farther advance to re-test 1302-05 resistance l

  Support Resistance
Level 1 1261 1273
Level 2 1248 1283-86
Level 3 1236 1302-05
(Visited 1 times, 1 visits today)

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.

- Website

START TRADING

or practice on DEMO ACCOUNT

Trading CFDs Involves high risk of loss

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.

© Orbex