Gold attempts to recover – Analysis - 24-04-2018
Economies.com
2018-04-24 03:55AM UTC
Gold price shows some slight bullish bias affected by stochastic positivity, and it might test the key resistance 1335.40 before turning back to decline again.
As long as the price is below the mentioned resistance, the bearish trend scenario will remain valid for the upcoming period, supported by the negative pressure formed by the EMA50, reminding you that our main target is represented by testing 1316.48 level.
Expected trading range for today is between 1316.00 support and 1335.00 resistance.
Expected trend for today: Bearish
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