Gold - Technical Analysis: Thursday, 17/08/2017 04:26 GMT
Gold price achieved strong gains yesterday and moves near our main target a t1295.46, waiting for more bullish rally to surpass this level and open the door to visit 1320.00 level as a next target.
Thus, the bullish trend still expected and dominant in the coming period, noting that settling above 1280.00 represents the first condition to continue the expected rise.
Trend
Bullish