Gold back to test support zone with Long(Buy) opportunity

Gold back to test support zone with Long(Buy) opportunity

Rami
14 (09) 2016 - 10:19 (GMT)
0

Precious Metal managed to sustain drop after market fell below (1328) where market managed to head toward target and support zone (1312-15) as last report within Intraday-Levels advised (see here) where Long(Buy) opportunities raised again.

As long as market holding trades above support zone (1303-07) another uptrend wave may hit market toward (1367-75) zone

Below (1303) more drop will be expected toward Short-Run support line (1290) which still holding the Bullish outlook as last report for Short-Run advised (see here).

 

GOLD

× Article short link: https://ramifx.com/?usRiWU

Rami

Rami

Hi all, my name is Rami, with more than 16 years experience in Forex Market, switching from Brokerage field to Fund Management and Risk Management specialty.I had an idea to establish a Home Page to present my thoughts on Forex Market from three different angle or prospective, Mid-Run, Short-Run & Intraday movements .

leave a comment