Gold, uptrend continue to 1523 while trading above 1495

Anton Kolhanov Anton Kolhanov

Gold, Monday forecast, September 16

The uptrend may be expected to continue, while pair is trading above support level 1495, which will be followed by reaching resistance level 1523.
An downtrend will start as soon, as the pair drops below support level 1495, which will be followed by moving down to support level 1485.

Weekly forecast, September 16 - 20

The uptrend may be expected to continue, while pair is trading above support level 1495, which will be followed by reaching resistance level 1523 - 1534.
An downtrend will start as soon, as the pair drops below support level 15495, which will be followed by moving down to support level 1479.

Author

Anton Kolhanov

Anton Kolhanov is a trader and an analyst. He started to study the Forex market in 2003.

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