Gold 2018-07-13

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Our Short-Run view over Gold sustain the same as market tested supportt zone 1236-41 as we advised before

Intraday Levels still showing trading zone as we advised before between support 1236-39 and resistance 1273 which my expand toward 1285

Below 1236 more drop toward 1220 and 1180 will be expected

market managed today to add second leg on the market where as long as market holding above 1236 another rebound will be expected

  Support Resistance
Level 1 1236 1249
Level 2 1220 1257
Level 3 1180 1266
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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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