Gold keeps its positive stability – Analysis - 27-04-2017
Economies.com
2017-04-27 04:28AM UTC
Gold price kept its stability above 1263.17 level, while stochastic heads upwards on the four hours' time frame, which supports the chances of continuing the main bullish trend, as the main targets begin by breaching 1279.50 level to reinforce the chances of heading towards 1300.00 as a next main station.
Therefore, we are waiting for positive trading in the upcoming sessions, noting that breaking 1263.17 will push the price to visit 1250.00 and might extend to 1236.00 levels before any new attempt to rise.
Expected trading range for today is between 1255.00 support and 1290.00 resistance.
Expected trend for today: Bullish
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