Gold keeps its positive stability – Analysis - 18-04-2018
Economies.com
2018-04-18 03:55AM UTC
Gold price returns to trade above the EMA50 after the decline that it witnessed yesterday, which supports the continuation of our expectations of the bullish trend in the upcoming period, depending on the price stability above 1335.40, as breaking this level will push the price to decline towards 1316.48 areas again before any new attempt to rise.
Our first positive target is located at 1365.97, reminding you that breaching this level will extend Gold price gains to reach 1400.00 as a next main station.
Expected trading range for today is between 1335.00 support and 1365.00 resistance.
Expected trend for today: Bullish
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