Gold price gets a positive signal – Analysis - 30-04-2019
Economies.com
2019-04-30 04:29AM UTC
Gold price begins today’s trading positively after testing the EMA50 yesterday, to keep the bullish trend active on the intraday basis, reminding you that our main target is represented by testing 1302.60 level before determining the next short term trend.
Note that breaching the targeted level will confirm regaining the main bullish trend, to extend the positive targets towards 1320.00 followed by 1346.70, while breaking 1275.30 will stop the expected rise and press on the price to return to the correctional bearish trend.
The expected trading range for today is between 1275.30 support and 1302.60 resistance.
The expected trend for today: Bullish
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