Gold crawls upwards – Analysis - 13-02-2018
Economies.com
2018-02-13 04:59AM UTC
Gold price shows calm positive trades to approach our first waited target gradually at 1335.40, reminding you that breaching this level will push the price to head towards 1365.97 as a next main station.
In general, we will continue to suggest the bullish trend depending on the stability of 38.2% Fibonacci correction level against the price’s last decline, noting that holding above 1316.48 represents main condition to achieve the suggested targets.
Expected trading range for today is between 1316.00 support and 1340.00 resistance.
Expected trend for today: Bullish
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