Gold resumes rising – Analysis - 24-01-2018
Economies.com
2018-01-24 05:29AM UTC
Gold price trades positively on its way towards our first waited target at 1357.50, getting positive motive by the previously completed bullish flag pattern, besides the support provided by the EMA50, which reinforces the chances of achieving more gains in the upcoming sessions, reminding you that breaching the mentioned level will extend Gold price gains to reach 1375.00 followed by 1404.00 levels as next main stations.
Therefore, we are waiting for more rise today conditioned by the price stability above 1321.40.
Expected trading range for today is between 1330.00 support and 1357.00 resistance.
Expected trend for today: Bullish
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