GOLD, Wednesday forecast, August 14
The uptrend may be expected to continue, while pair is trading above support level 1497, which will be followed by reaching resistance level 1511 and 1522. An downtrend will start as soon, as the pair drops below support level 1497, which will be followed by moving down to support level 1479.
Weekly forecast, August 12 - 16
The uptrend may be expected to continue, while pair is trading above support level 1489, which will be followed by reaching resistance level 1522 - 1532. An downtrend will start as soon, as the pair drops below support level 1488, which will be followed by moving down to support level 1470 and 1446.
All information provided by Anton Kolhanov is for informational purposes only. Information provided is not meant as investment advice nor is it a recommendation to buy or sell any trading instrument. Anton Kolhanov is not responsible for any losses arising from any investment based on any recommendation, forecast or other information herein contained. You should do your own thorough research before making any investment decisions and seek advice from an independent financial advisor.
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