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Gold gets a positive signal – Analysis - 06-03-2018
Gold price begins today’s trading positively after the decline that it witnessed on yesterday’s evening, as it kept its stability above 1316.48, noticing that stochastic provides clear positive signal to motivate the price to provide more positive trading in the upcoming sessions.
Therefore, we will continue to suggest the bullish trend on the intraday and short term basis conditioned by the stability above 1316.48, noting that our main targets begin at 1335.40 and extend to 1365.97 after breaching the previous level.
Expected trading range for today is between 1310.00 support and 1340.00 resistance.
Expected trend for today: Bullish
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