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Gold: Bear Pressure Risk Turns To 1104.00/1098.00 Zone

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 5, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    GOLD: With GOLD declining further on Wednesday following its Tuesday weakness, further downside pressure is envisaged. However, supports at 1104.00/1098.00 zone could present a tough time for the commodity. It requires a convincing break below here to extend further weakness. On the downside, support comes in at the 1100.00 level where a break will turn attention to the 11090.00 level. Further down, a cut through here will open the door for a move lower towards the 1075.00 level. Below here if

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