Gold price keeps its positive stability – Analysis - 16-09-2019
Economies.com
2019-09-16 04:54AM UTC
Gold price made a new test to the bullish trend line and keeps its stability above this level, where it begins today’s trading with a bullish bias to move near the EMA50, keeping the bullish trend scenario valid and active in the upcoming period, waiting for breaching 1524.00 level to ease the mission of heading to 1555.00 that represents our next main target.
Stochastic supports our positive expectations, and its continuation is conditioned by holding above 1485.00 level.
The expected trading range for today is between 1495.00 support and 1525.00 resistance.
The expected trend for today: Bullish
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