Gold 2018-08-29

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we still holding same view over Gold while market managed to test 1200

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 1235-40
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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