Forex Trading Library

Gold 2018-08-01

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As we advised in the last 2 weeks and as we see over our previous chart

Gold also managed to rebound aftre trumps tweet on rate hike where Gold managed to re-test resistance 1236-37 zone

Short-Run outlook see main resistance at 1245 where as long as Gold maintain trades below the downtrend wave is on go toward 1100 target

above 1245 the Intraday levels may give farther advance where another resistance laying t 1266

  Support Resistance
Level 1 1218 1236
Level 2 1211 1245
Level 3 1180 1266
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