Gold - Technical Analysis: Friday, 18/08/2017 04:37 GMT

Gold price witnesses stability above the main bullish trend line, supporting the expectations of continuing the bullish trend in the coming period, waiting to surpass 1295.46 level to rally towards our next target at 1320.00.

Overall, the rise will remain expected for today conditioned by settling above 1280.00, as breaking this level will push the price to test the most important support at 1255.77 before turning back to rise again.