Gold - Technical Analysis: Wednesday, 31/05/2017 05:56 GMT

Gold price moves at the ascending channel's support and still above it, to keep the expected bullish trend active for the coming period, reminding you that our next main target is located at 1295.46.

On the other hand, breaking 1255.77 will push the price to visit 38.2% Fibonacci after at 1231.21 before turning back to rise again.