Gold attempts positively – Analysis - 19-04-2018

Economies.com
2018-04-19 03:45AM UTC

Gold price provided positive trading yesterday to settle around 1350.00 level now, getting continuous positive support by the EMA50, to keep the bullish trend valid in the upcoming sessions, waiting to test the previously recorded top at 1365.97 as a next station.

 

We remind you that breaching the mentioned level will extend Gold price gains to reach 1400.00 as a next main target, while the expected rise will remain valid unless breaking 1335.40 level and holding below it.

 

Expected trading range for today is between 1340.00 support and 1365.00 resistance.

 

Expected trend for today: Bullish

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