Gold gets a positive signal – Analysis - 30-05-2017
Economies.com
2017-05-30 02:14AM UTC
Gold price fluctuates within tight range keeping its stability above the bullish channel's support, noticing that stochastic begins to provide positive overlapping signal on the four hours' time frame, reinforcing the expectations of continuing the bullish trend that gets continuous positive support by the EMA50.
Therefore, we are waiting for positive trading today, reminding you that our next main target is located at 1295.37, which achieving it conditions holding above 1263.00.
Expected trading range for today is between 1250.00 support and 1280.00 resistance.
Expected trend for today: Bullish
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