Gold retreat from Mid-Long-Run resistance

Gold retreat from Mid-Long-Run resistance

Rami
04 (10) 2016 - 12:34 (GMT)
0

As we advised earlier on Intraday-Levels (see here) and Short-Run Levels (see here) the Mid-Long-Run showing signals for big drop correction which may consider the drop correction for the whole 2016 advance wave .

Resistance zone for this model will consider at (1345) where as long as market holding below a big drop correction wave will be expected to hit the Precious Metal within Mid-Long-Run toward target (1150-70) which advise to keep stop loss above (1345).

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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