Gold tests the critical support – Analysis - 25/07/2014
Economies.com
2014-07-24 23:53PM UTC
Gold price tested the critical support 1290.00 and it remains stable above this level, which keeps the chances of continuing the positive expectations valid on the intraday basis, supported by stochastic current positivity, waiting for breaching 1314.60 level to open the way towards 1344.45 initially.
We remind you that breaking 1290.00 level will push gold price to visit 1266.00 level before any new attempt to rise.
Expected trading range for today is between: 1280.00 support and 1320.00 resistance.
Expected trend for today: Bullish
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