More info about FX-trend

In fact price rises above the resistance level of 1414 (trend line R), it will have the opportunity to trigger market growth to the subsequent resistance of 1512. The level of support 1434 pushes the market to continue its growing and as long as gold trades above the support level of 1414, growth to the level 1512 will be in force.

More info about FX-trend

The downtrend will begin in case of price lowering below its support 1414, then it might lead to the next support level 1375. Afterwards there might be a correction to the level 1414. In case of further price lowering below the level 1375 we can expect prices to achieve the following support level located at around 1336.




More info about FX-trend