Forex Trading Library

Gold 2016-02-09

0 140

Gold

1175

Market managed to hit above 1192 zone which will be the first signal of farther advance while market facing resistance zone for the short-run inside 1200-10 zone

as long as market holding trades below 1210 downtrend channel resistance the market will have chance and ability for some drop correction toward 1150

above 1210 will give signals of continues demand for Gold with confirm target toward 1250 and 1270

  Support Resistence
Level 1 1184 1200
Level 2 1165 1210
Level 3 1145 1232
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