Gold - Technical Analysis: Wednesday, 21/06/2017 08:29 GMT

Gold price still stable below 1255.77, to keep the decline valid for the coming period, noting that our next target is located at 1231.21, noting that it is important to monitor the price when reaching it, as it forms important key to detect the next trend on the short term basis.

On the other hand, surpassing 1255.77 level will push the price to start recovery attempts and recover the recently suffered losses, as the positive targets begin at 1295.46.