Midday update for Gold 23-08-2017
Economies.com
2017-08-23 09:24AM UTC
Gold price shows some slight bullish bias now that hints resuming the bullish trend in the upcoming sessions, to keep the bullish trend scenario valid for the rest of the day, which its targets begin by breaching 1295.37 to confirm extending the bullish wave towards 312.00 followed by 1347.00.
The EMA50 keeps supporting the suggested bullish wave, which its continuation conditions holding above 1277.00.
Expected trading range for today is between 1275.00 support and 1300.00 resistance.
Expected trend for today: Bullish
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