-Price of Gold significantly fell during Friday's trading session amid strengthening in US dollar.
-American currency supported by strong data on the US labour market.
-NFP for July amounted 255 thousands, slightly less than the previous of 292...
-AHE grew 0.3%
The indicators recommend SHORT positions.
Support : 1331.19 (local low) , 1327.10, 1320.00, 1310.33 (July high)
Resistance : 1338.22 (local high) , 1346.25, 1350.80, 1358.12, 1367.00 (Aug high)
Short positions can be opened from area 1329.10 with TP target area 1314.44 and stop @ 1334.44.
2-3 days
-American currency supported by strong data on the US labour market.
-NFP for July amounted 255 thousands, slightly less than the previous of 292...
-AHE grew 0.3%
The indicators recommend SHORT positions.
Support : 1331.19 (local low) , 1327.10, 1320.00, 1310.33 (July high)
Resistance : 1338.22 (local high) , 1346.25, 1350.80, 1358.12, 1367.00 (Aug high)
Short positions can be opened from area 1329.10 with TP target area 1314.44 and stop @ 1334.44.
2-3 days