Gold - Technical Analysis: Friday, 28/07/2017 07:45 GMT

Gold price found solid resistance at 1265.00 that forced the price to provide negative trading and test the important support 1255.77, as the price keeps its stability above this level, to keep the bullish trend valid until now, waiting to surpass 1265.00 to confirm opening the door to head towards 1295.46.

On the other hand, breaking 1255.77 then 1248.00 levels will put the price within the correctional bearish track again, to head towards testing 1231.22 initially.