Gold 2018-06-13 – Orbex Forex Trading Blog

Gold 2018-06-13 – Orbex Forex Trading Blog


As we advised last week and as we see over our previous chart

Gold managed to hld tight trading zone while market showing continues drop pressure

Market facing Intraday support level at 1282 where as long as market holding above the chance for another advance wave toward 1315-18 may hit the market

Below 1282 more drop toward 1265 zone will be expected

  Support Resistance
Level 1 1293 1308
Level 2 1282 1318
Level 3 1265 1325

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Rami Abu-Dra`a is a Chief Technical Analyst at Orbex and a holder of B.S Degree in Banking & Financial Science / Subsidiary Economic. Rami ‘s strategic vision of forex markets, enhanced by more than a decade of trading experience, allows him to efficiently mix fundamental and technical analyses, and find the best investment ideas for Orbex traders.

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