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8/28/2017 12:22:40 AM

Gold - Technical Analysis: Monday, 28/08/2017 04:22 GMT



Gold price begins testing the important resistance 1295.46, moving above the main bullish trend line that supports the chances of surpassing the mentioned level and head towards our next target at 1320.00.

Thus, the bullish trend will remain expected in the coming period, noting that breaking 1286.00 will put the price under intraday negative pressure that targets testing 1255.77 support before any new attempt to rise.


Target
Risk


Support
Resistance


Trend Bullish

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