Gold price continues to fluctuate – Analysis - 22-08-2019
Economies.com
2019-08-22 04:37AM UTC
Gold price hovers around 1503.24 level, noticing that stochastic continues to provide the positive support to the price, to keep the chances valid to resume the main bullish trend, which its first target located at 1535.00.
Note that breaching the targeted level will extend the bullish wave to reach 1560.00 as a next station, taking into consideration that failing to hold above 1503.24 will press on the price to test 1483.60 areas before any new attempt to rise.
The expected trading range for today is between 1490.00 support and 1520.00 resistance.
The expected trend for today: Bullish
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