Forex Trading Library

Gold 2018-10-16

0 508

As we advised yesterday and as we see over our previous chart

Gold managed to broke above resistance levels where market closing from our target and resistance zone 1235-40

As long as Gold holding trades below this zone 1235-40 another drop correction with trading zone may control the market toward 1210-15 s we see over the chart

Below 1208 a chance for another dip toward 1180 and lower will be expected

Above 1240 the chance for more advance may or may not hit the market 

  Support Resistance
Level 1 1224 1235-40
Level 2 1215 1265-70
Level 3 1208 1300
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