Forex Trading Library

Gold 2016-06-22

0 232

Gold

1265

As we see over our previous chart, market managed to fell below 1276 which triggered farther drop movement that may target 1250-55 zone

as long as market holding below 1280 the drop pressure will sustain toward 1250-55

if market managed to hold trades above 1250 another rebound correction may hit market toward 1280-90

below 1250 market may add more drop toward 1215 zone

  Support Resistence
Level 1 1250-55 1280
Level 2 1215-20 1295
Level 3 1200 1315
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