Gold 2018-08-27

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Gold manged also to sustain rebound correction where managed last week to test 1208 zone

Intraday Levels showing support around 1195 where as long as market holding above more advance to test 1220-25 zone is expected

below 1195 market may head for more drop to test 1180 which may provide some rebound correction before market head for farther drop

  Support Resistance
Level 1 1195 1220-25
Level 2 1180 1235
Level 3 1160 1260
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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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