Forex Trading Library

Gold 2016-07-01

0 133

As we advised before, 

Market managed to head to test support zone 1300-07 twice so far while as long as market holding above this zone the uptrend will sustain

market still need a daily close above 1335 to obtain farther advance toward 1390 and 1430

while below 1300 market may hed for farther drop correction toward 1250-60 zone.

If market managed to obtain daily close above 1335 tody this may lead for a gap price on market open next week .

  Support Resistence
Level 1 1300-07 1335
Level 2 1280 1345
Level 3 1250-60
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