Forex Trading Library

Gold 2018-06-28

2 228

As we advised before and as we see over our previous chart

Gold still holding downtrend pressure with slowly movement as market closing from Mid-Run support 1236-41

As long as market keep trading above this support a chance for a rebound correction toward 1280-85 and 1302-05 may hitthe market

Below 1236 Gold may enter new downtrend wave that may reach 1110 zone

  Support Resistance
Level 1 1236-41 1255
Level 2 1220 1262
Level 3 1180 1273
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