Gold on trading zone with drop priority

Gold on trading zone with drop priority

Rami
07 (08) 2016 - 22:37 (GMT)
0

Gold managed to fell below Short-Run support (1346) which will keep drop pressure with support at (1328-30) which may drive for rebound correction which my set trading zone between (1328) & (1348)

while main resistance zone at (1350-51) where as long as market holding trades below this zone more drop will be expected toward (1305-10) support zone

above (1352) market may add risk for more rebound correction toward (1365-67) & (1375)

however, any break below (1305) may set new path toward (1280) zone

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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