Gold - Technical Analysis: Thursday, 23/03/2017 06:42 GMT

Gold price achieved some gains yesterday and returns to settle around 1245.00 level, as RSI attempts to get positive momentum to support the continuation of the bullish trend, reminding you that the price is affected by the completion of bullish pattern that we expect to provide strong positive support to assist the price to achieve positive targets that start at 1265.00 and reach to 1277.00.

Hence, the bullish trend will remain expected for the coming days, supported well by the exponential moving average 100, noting that settling above 1217.00 is important to achieve the expected targets.