Technical
analysis:
Gold
has been trading sideways
overnight and I see potential for the breakout play.
Trading
recommendation:
In
case of the breakout of defined resistance zone at $1.880, watch for
buying opportunities with the upside objective at $1.890
In
case of the breakout of the support zone at the price of $1.868,
watch for the selling opportunities with the downside objective at
$1.854
The material has been provided by InstaForex Company – www.instaforex.com
