Gold price gets a positive motive – Analysis - 11-01-2019

2019-01-11 04:40:50 GMT (Economies.com)
Gold price gets a positive motive – Analysis - 11-01-2019
 

Gold price keeps its stability above 1286.70 level after testing it yesterday, to resume the positive trading, noticing that stochastic provides positive overlapping signal that we are waiting to motivate the price to achieve more rise in the upcoming sessions.

 

Therefore, the bullish trend will remain active for today conditioned by the price stability above 1286.70, reminding you that our next main target is located at 1316.65.

 

Expected trading range for today is between 1280.00 support and 1316.00 resistance.

 

Expected trend for today: Bullish

 
 
 
  Symbol Last Change Chg.%
1.1295
0.0077
0.6895%
1.2708
0.0125
0.9906%
15.458
0.590
3.968%
57.347
4.838
9.214%
64.44
2.57
4.15%
1389.760
48.480
3.615%
 
 
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