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Gold, Weekly Forecast, 12 - 16 October

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Oct 12, 2015.

  1. Sandra S.

    Sandra S. Forum Member

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    Main scenario: The pair is trading along an uptrend, that may be expected to continue in case the market rises above resistance level 1170, which will be followed by reaching resistance level 1190. Alternative scenario: An downtrend will start as soon, as the pair drops below support level 1146, which will be followed by moving down to support level 1124 -1108.

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