Forex Trading Library

Gold 2016-02-11

0 150

Gold

1228

Market managed to jump above 1210 while this is the first sign of breaking above the mid-run downtrend channel

market now showing support zone at 1200-10 and 1180 where as long as market holding above those levels will expect farther advance for the Gold toward 1255 zone

below 1180 expect 1150 zone

  Support Resistence
Level 1 1200-10 1232
Level 2 1180 1258
Level 3 1150 1305
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