Gold 2018-09-04

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gold managed to hit below 1195 support which may affec market with trading zone between support 1180-85 and resistance 1200-05

Below 1180 market may add more drop pressure to visit the old support 1160

  Support Resistance
Level 1 1180-85 1200-05
Level 2 1170 1215
Level 3 1160 1225
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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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