Gold price attempts to breach – Analysis - 19-06-2019
Economies.com
2019-06-19 04:36AM UTC
Gold price provided clear positive trades yesterday and attempted to breach 1346.70 but it couldn’t manage to hold above it until now, noticing that stochastic gains the positive momentum clearly, waiting to motivate the price to resume the positive attempts and confirm the breach to rally towards 1365.25 that represents our next main target.
In general, we will continue to suggest the bullish trend in the upcoming sessions supported by the EMA50, unless breaking 1326.00 level and holding below it.
The expected trading range for today is between 1335.00 support and 1360.00 resistance.
The expected trend for today: Bullish
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