Gold showing weakness over Short-Run

Gold showing weakness over Short-Run

Rami
04 (10) 2016 - 11:49 (GMT)
0

The Precious Metal Short-Run indicators start to show weakness which may sustain as long as market holding trades below resistance (1328-29) where market will keep try to re-test support (1303).

Below (1303) this will be as confirmation of farther drop within Short-Run where market will target support zone (1250-55) which may drive for some rebound correction before downtrend wave back to affect market.

Below (1250) the Short-Run may add more drop wave toward (1200-10) zone.

Above (1329) the Short-Run may restore uptrend wave

GOLD

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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 .

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