Gold achieves the waited positivity 01/07/2013

Economies.com
2013-07-01 05:18AM UTC

Gold price succeeded to achieve the suggested gains after holding above the upside channel’s support line, to continue with the intraday bullish expectations, and the main target is to test 1300.00 level.

 

Stochastic supports the suggested rise, which remains valid unless 1191.00 was broken.

 

Expected trading range for today is between: 1200.00 support and 1276.00 resistance.

 

Expected trend for today: Bullish

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