Gold price breaches the resistance – Analysis - 13-03-2019

2019-03-13 05:05:09 GMT (Economies.com)
Gold price breaches the resistance – Analysis - 13-03-2019
 

Gold price begins today’s trading with more positivity to breach 1302.60 level and attempts to hold above it, which stops the correctional bearish wave and push the price to regain the main bullish trend, on its way to achieve positive targets that begin at 1320.00 and extend to 1346.73.

 

Therefore, the bullish trend will be expected for today unless breaking 1302.60 level and holding below it again.

 

The expected trading range for today is between 1295.00 support and 1330.00 resistance.

 

The expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1324
-0.0002
0.0150%
1.3122
-0.0174
1.3060%
15.495
0.200
1.308%
59.736
1.353
2.317%
67.81
-0.06
0.09%
1311.465
9.155
0.703%
 
 
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