Gold begins to recover – Analysis - 26-09-2017
Gold price confirmed breaching 1299.20 level after closing the daily candlestick above it, to open the way to regain the main bullish trend, after the bearish correction that dominated the recent trading, waiting to visit 1321.49 level initially, reminding you that breaching this level is required to reinforce the chances of continuing the bullish trend and head towards the previously recorded top at 1357.53 as a next main target.
Therefore, the bullish trend will be suggested for today unless breaking 1299.20 level and holding below it, as breaking this level will push the price to return to the correctional bearish track that its next target located at 1281.17.
Expected trading range for today is between 1299.20 support and 1330.00 resistance.
Expected trend for today: Bullish
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