Midday update for Gold 28-07-2017
Economies.com
2017-07-28 11:17AM UTC
Gold price hovers around the neckline of the inverted head and shoulders' pattern since morning, and the price shows sideways and tight trading, thus, no change on the bullish trend scenario that depends on holding above 1254.56 and 1244.00 levels, supported by the EMA50, reminding you that our main waited target reaches to 1295.37.
Expected trading range for today is between 1250.00 support and 1280.00 resistance.
Expected trend for today: Bullish
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