Gold surpasses key resistance lines; heading for more gains
Target: 1316.00
Risk: 1260.00
Technical reasons:
Gold price achieved our positive targets and the price shows more rise to surpass 1286.85 level, indicating the continuation of the rise to visit 1300.00 as a next target.
More bullish bias is expected conditioned by the consolidation above 1260.00.
Risk: 1260.00
Technical reasons:
Gold price achieved our positive targets and the price shows more rise to surpass 1286.85 level, indicating the continuation of the rise to visit 1300.00 as a next target.
More bullish bias is expected conditioned by the consolidation above 1260.00.