FXHIGHWAY

 Breaking News


Gold






4/18/2017 2:07:49 AM

Gold - Technical Analysis: Tuesday, 18/04/2017 06:07 GMT



Gold price showed some retreat yesterday to move around 1285.00 now, and RSI attempts to provide positive momentum that assists the price to continue rising, and the bullish trend line keeps carrying the price to the upside.

Thus, the bullish trend will remain expected and dominant in general for the coming period, as our first target is located at 1305.00, and surpassing this level will push the price towards 1350.00 as a next target, while breaking 1270.94 then 1261.00 will put the price under the negative pressure on the intraday basis.


Target
Risk


Support
Resistance


Trend Bullish

Logs

Advertisements