Analysis of Gold for July 27, 2018 888011000 110888 Recently, Gold has actually been trading downwards. The cost tested the level of$1.218. Inning accordance with the H1 time– frame, I found ф breakout of the bearish flag pattern and the significant upward trendline in the background, which is an indication that buying looks risky and that sellers remain in control. My advice is to look for potential selling chances. The down target is set at the price of$1,211.22. Resistance levels: R1: $1,321.85R2: $1.240.30 R3:$1,245.35 Support levels: S1:$1,218.35 S2:$1,213.30 S3: $1,204.85 Trading recommendations for today: look for potential selling opportunities.The material has actually been supplied by InstaForex

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