Gold finds solid resistance 03/07/2013
Economies.com
2013-07-03 05:15AM UTC
Gold price bullish actions stopped at 1270.00 level, as its acting as a resistance against the intraday trading, and the price might be forced for some temporary sideways trading now.
In general, we still suggest the intraday bullish trend, supported by stochastic positivity, waiting to hit our main targets at 1300.00, and might extend to test 1340.00 followed by 1367.00, while the chances to reach these targets remain valid unless 1213.00 level was broken.
Expected trading range for today is between: 1220.00 support and 1300.00 resistance.
Expected trend for today: Bullish
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