Gold - Technical Analysis: Tuesday, 28/04/2015 05:41 GMT

Gold price finds difficulty to confirm turning back to trade above the bullish trend line, to rebound bearishly and places higher low that forms signs of an intraday double bottom pattern.

The price needs to breach 1224.00 level to complete this pattern, which will confirm turning back to the bullish trend.

The exponential moving averages 50 and 100 support the price from below and reinforce the expectations to rise in the upcoming period.