Forex Trading Library

Gold 2015-11-06

0 97

XAUUSD

1108

market managed to sustain drop as expected toward target zone 1120-25 while market managed also to obtain daily close below this zone which activated farther drop over short-run

market managed to hit our second target 1105, while market facing resistance at 1111 level, as long as market holding below 1111 another drop toward 1082-92 zone will be expected , while above 1111 market may head again to retest 1120-25 resistance zone

  Support Resistence
Level 1 1105 1111
Level 2 1092 1120-25
Level 3 1082 1150
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