Gold begins positively – Analysis - 19-01-2018
Economies.com
2018-01-19 05:17AM UTC
Gold price opens today's trading with calm bullish bias after testing the EMA50 yesterday's evening, reinforcing the expectations of continuing the main bullish trend, supported by stochastic positivity that appears on the four hours' time frame, waiting to head towards our next target at 1357.53.
Holding above 1321.49 is important to continue the expected rise, as breaking it will push the price to visit 1299.20 areas initially before any new positive attempt.
Expected trading range for today is between 1320.00 support and 1345.00 resistance.
Expected trend for today: Bullish
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