GOLD Follows Through Higher On Bullish Recovery

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Feb 24, 2016.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
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    GOLD: Having GOLD reversed its Monday losses on Tuesday and followed through higher during Wednesday trading session, further strength is expected. On the downside, support comes in at the 1220.00 level where a break will turn attention to the 1210.00 level. Further down, a cut through here will open the door for a move lower towards the 1200.00 level. Below here if seen could trigger further downside pressure targeting the 1190.00 level. Conversely, resistance resides at the 1245.00 level

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