Gold Suppor and Resistance Levels

Updated

Gold S&R levels for this week once the trend line for uptrend broke it changed the course now 1900 area is the mid point it will test, if holds may consolidate between 1900-2000 if breaks it will test lower levels of 1850-1830 area again.

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Green Rectangle bar are support and Red Rectangle bars are resistances on chart above

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Entry at support

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exited at resistance 20 points gain

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One more trade on support level

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Almost acheived target with 50 cents missed the target with support and resistance strategy this week in three trades have gained 38 points with out taking any stop loss.Ending week with good note.

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This was the entry posted wrong one above correcting here with third entry

rakeshreddym

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Gold Support and Resistance levels

by rakeshreddym

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