Gold and the chance for rebound correction

Gold and the chance for rebound correction

Rami
06 (10) 2016 - 10:10 (GMT)
0

some Intraday indicators start to show ability for rebound correction toward 1275 and 1281-83 in case if market managed to hold support 1262 intact.

while if this rebound correction happend zone of 1281-83 will restor the downtrend pressure to head toward Short-Run target 1250 as previous report advise (see here).

above 1283 more advance will be available toward 1293-95 zone before downtrend wave back toward 1250 target.

in case if market fell below 1262 this may lead for continues drop movement toward 1250-52 zone before we see a rebound correction.

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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