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8/7/2017 12:25:10 AM

Gold - Technical Analysis: Monday, 07/08/2017 04:25 GMT



Gold price is testing the important support ground 1255.77, while RSI attempts to get positive momentum that helps the price to return to rise again, waiting for positive trades in the coming period, as our main target is located at the recently recorded top at 1295.46.

Breaking 1255.77 will stop the expected rise and push the price to turn to decline, as the first negative target is located at 1231.22.


Target
Risk


Support
Resistance


Trend Bullish

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