Gold price is stable – Analysis - 28-05-2019
Economies.com
2019-05-28 01:31AM UTC
Gold price did not show any strong move in the previous sessions, getting positive support by the EMA50, while stochastic attempts to get rid of its negative momentum.
Therefore, we believe that the chances are valid to resume the expected bullish trend on the intraday basis, which its next target located at 1302.60, while achieving it conditions holding above 1275.30.
The expected trading range for today is between 1275.00 support and 1302.60 resistance.
The expected trend for today: Bullish
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