Analysis of Gold for September 21, 2017 888011000 110888 Just recently, Gold has actually been trading downwards. The cost tested the level of$1,288.00. Inning accordance with the 30M timespan, I found that cost did break yesterday’s low at the level of $1,295.00, which is a sign that sellers are in control. Another indication of weakness is extremely weak reaction from buyers after a breakout of yesterday’s low. My guidance is to watch for possibleselling opportunities. The down targets are setat the rate of $1,280.00and $1,268.00. Resistance levels: R1: $1,324.00 R2:$1,322.20 R3:$1,344.60 Assistance levels: S1:$1,304.00 S2:$1,291.60 S3: $1,283.70 Trading suggestions for today: look for potential selling opportunities.The product has been provided by InstaForex

By | September 21, 2017

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