Gold price ended yesterday’s trading above the bullish channel’s resistance, to confirm the continuation of the bullish bias on the intraday basis, which targets testing 61.8% Fibonacci correction level at 1286.70 as a next station.

Therefore, the bullish trend will be suggested in the upcoming sessions unless breaking 1270.00 and holding below it, noting that breaching the targeted level will extend Gold price gains to reach 1316.65 on the near term basis.

Expected trading range for today is between 1265.00 support and 1300.00 resistance.

Expected trend for today: Bullish

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Indices

	Symbol	Last	Change	Chg.%
	EUR/USD	1.1012	-0.0063	0.5648%
End of day analysis for the EURUSD 16-09-2019
	GBP/USD	1.2415	-0.0068	0.5419%

	Silver	17.859	0.408	2.338%

	Oil	61.960	7.066	12.873%
End of day analysis for Crude oil 16-09-2019
	Brent Oil	69.02	8.80	14.61%

	Gold	1499.790	10.810	0.726%
Midday update for Gold 16-09-2019

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