Gold: Nov 10 2017; Supports & resistances

Refer to levels on chart.
Double lines = strong levels
1290: Confluence of monthly resistance & intraday resistance (a bit tough)
1293-94 intraday strong resistance
1304: Confluence of strong monthly resistance & intraday resistance

Kommentera:

Also, on the low side, 1375-1376 should be very strong as this is confluence of both intraday and monthly level

Kommentera:

I rarely use Fibonncci, but where the above levels have confluence with fibratios are normally a good combo :)