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GOLD, weekly forecast, 4 - 8 January

Discussion in 'Forex Trading Signals & Forecasts' started by Sandra S., Jan 5, 2016.

  1. Sandra S.

    Sandra S. Forum Member

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    Weekly forecast Main scenario: The pair is trading along an sideways trend between support 1060 and resistance level 1076. An downtrend will start as soon, as the pair drops below support level 1060 and then 1050, which will be followed by moving down to support level 1027. Alternative scenario: An uptrend will start as soon, as the pair rises above resistance level 1076, which will be followed by moving up to resistance level 1095.

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