Gold price needs the positive momentum – Analysis - 13-06-2019
Economies.com
2019-06-13 04:41AM UTC
Gold price settles around 1335.00 level, and the price needs to get enough positive momentum to push trades to continue rising, as our first positive target is located at 1346.70.
In general, we will continue to suggest the bullish trend, supported by the EMA50, conditioned by the price stability above 1320.30, as breaking this level will press on the price to test 1302.60 areas before any new attempt to rise.
The expected trading range for today is between 1320.00 support and 1350.00 resistance.
The expected trend for today: Bullish
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