Gold - Technical Analysis: Thursday, 24/08/2017 04:18 GMT
Gold price shows calm positive attempts to approach from 1295.46 level, and the price settles above the main bullish trend line, which supports the chances of continuing the bullish trend in the coming period, waiting to surpass the mentioned level to rally towards 1320.00 as a next target.
The price might witness some sideways trades until RSI manages to get enough positive momentum to push the price to achieve the required breach, while settling above 1284.00 represents the first condition to continue the expected bullish trend.
Trend
Bullish