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Gold meets first resistance at 1110/1111 today

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Nov 6, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Daily Forecast - 06 November 2015 Gold Spot Gold meets first resistance at 1110/1111 today but being oversold we could continue higher to stronger resistance at 1115/16. Watch for a high for the day but shorts need stops above 1120. If we continue higher look for a selling opportunity at 1123/24 with n further gains expected but shorts need stops above 1127. Failure to beat 1110/11 keeps the pressure on for 1106 then yesterday's low at 1103/02. If we continue lower there is good support at

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