Gold met Intraday targets while testing support

Gold met Intraday targets while testing support

Rami
29 (09) 2016 - 10:35 (GMT)
0

Gold managed to retreat from resistance zone while managed to meet Intraday-Levels target where still testing support zone (1317-20) which our previous report advised (see here).

As long as market holding above (1317) another advance will be expected toward (1340-42).

Below (1317) market may add more drop to test (1310-11) which may provide rebound correction.

Below (1310) this will be the first sign of farther weakness where below (1303) expect more drop to test (1285-90) zone.

 

 

GOLD

× Article short link: https://ramifx.com/?2F6SCk

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