The focal point of trading: 1597
Recommendation: The entry in the sale of gold under the 1597levels targeting 1562 & 1532
Alternative scenario: If the breach occurs to the level of 1660 is expected to pave the way to the level of 1622 & 1640
Comment: As long as the resistance level of 1597 working on thechart of gold, are likely to be volatile price movement within a tight range with a downward tendency
Direction: the direction of coherent short-term upward trend in the medium term.
Levels of resistance
1640 - the level of resistance during the trading day
1622 - the level of resistance during the trading day
1597 - a focal point during the trading day
Last Price: 1587
Levels of support
1562 - the level of support during the trading day
1532 - the level of support during the trading day
1530 - the level of support during the trading day
forex
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