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7/20/2017 4:11:15 AM

Gold - Technical Analysis: Thursday, 20/07/2017 08:11 GMT



Gold price shows stability since yesterday, and RSI provides negative signals that might push the price to provide more sideways trades, but in general, the bullish trend still valid as long as the price keeps its stability above the important support ground 1231.22, waiting to visit 1255.77 initially.

It is important to note that breaking 1231.22 will stop the expected rise and push the price towards 1211.37 on the near term basis.


Target
Risk


Support
Resistance


Trend Bullish

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