End of day analysis for Gold 27-03-2017

Economies.com
2017-03-27 20:17PM UTC

Gold price approached from touching our main waited target at 1263.17 and bounced bearishly to fluctuate around 1255.00, noting that the price still inside the intraday bullish channel, getting continuous positive support by the EMA50, to keep the bullish trend scenario active for the upcoming period conditioned by the price stability above 1231.13 level, reminding you that the extended target reaches to 1300.00.

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