Gold gathers the positive momentum – Analysis - 20-04-2018
Economies.com
2018-04-20 03:54AM UTC
Gold price shows calm decline to approach testing the key support 1335.40, accompanied by stochastic reach to the oversold areas, to provide positive motive that we expect to assist to push the price to rise again and resume the main bullish trend.
Therefore, the bullish trend will remain suggested for the upcoming sessions conditioned by the price stability above the mentioned support, noting that our positive targets begin at 1365.97 and extend to 1400.00 after breaching the previous level.
Expected trading range for today is between 1330.00 support and 1360.00 resistance.
Expected trend for today: Bullish
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