Gold price gets a positive motive – Analysis - 27-03-2019
Economies.com
2019-03-27 05:27AM UTC
Gold price settles near the intraday bullish channel’s support line, and the EMA50 meets this channel’s support line to protect the continuation of trading inside it, while stochastic provides positive overlapping signal now on the four hours’ time frame.
Therefore, these factors encourage us to suggest resuming the bullish bias in the upcoming sessions, which targes 1346.73 level as a next main station, reminding you that holding above 1302.60 represents key condition to continue the expected rise.
The expected trading range for today is between 1305.00 support and 1335.00 resistance.
The expected trend for today: Bullish
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