Gold start to show some weakness

Gold start to show some weakness

Rami
19 (01) 2017 - 11:50 (GMT)
0

The Intraday indicators over Gold showing market resistance at 1208-09 where as long as market holding below a drop correction may hit the market toward 1170-72 zone

Above 1219 the market will add signals for farther advance toward 1232

The zone between 1209-1219 will consider as Gray zone where indicators will be mixed between up & down

and so Short(Sell) positions are preferred to have stop loss above 1219

 

 

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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