Gold - Technical Analysis: Monday, 14/08/2017 04:41 GMT

Gold price moves within sideways and narrow range and still near the waited target at 1295.46, while the bullish trend still expected for the coming period as long as the price is stable above 1277.00, noting that surpassing 1295.46 will push the price towards 1320.00 direct.

On the other hand, we should note that breaking 1277.00 will push the price to test the most important support to the short term trades at 1255.77 before turning back to rise again.