Gold - Technical Analysis: Wednesday, 09/08/2017 04:37 GMT

Gold price returns to recover clearly after consolidating above 1255.77 level, to keep the bullish trend dominant in the coming period, approaching from testing the minor resistance 1273.00, noting that surpassing this level will confirm rallying towards 1295.46 direct.

Thus, we expect the continuation of the bullish trend on the short term basis conditioned by settling above 1255.77.