Gold continues to fluctuate – Analysis - 29-06-2017
Economies.com
2017-06-29 04:53AM UTC
Gold price shows more sideways and tight trading and still below 1254.56, which keeps our bearish overview valid until now, waiting to resume the bearish bias that targets testing 38.2% Fibonacci correction level at 1229.32.
Therefore, we will continue to suggest the bearish trend in the upcoming sessions unless breaching 1254.56 level and holding with a daily close above it.
Expected trading range for today is between 1229.00 support and 1260.00 resistance.
Expected trend for today: Bearish
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