Gold price achieves the first target – Analysis - 26-03-2019
Economies.com
2019-03-26 05:09AM UTC
Gold price continued to rise yesterday to surpass 1320.00 barrier, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, and the price continues to move inside the bullish channel that apears on the chart, getting good positive support by the EMA50.
Therefore, we believe that the way is open to achieve more gains in the upcoming sessions, as our next main target is located at 1346.73, while achieving it conditions holding above 1302.60.
The expected trading range for today is between 1310.00 support and 1340.00 resistance.
The expected trend for today: Bullish
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