Daily analysis of Gold for March 12, 2018

GOLDH4.png

Overview

Gold price provided clear negative trading and is testing the critical support at 1316.48 now, which requires being aware from the upcoming trading, where breaking this level will complete forming a negative pattern that has the ability to push the price to test 1301.20 levels directly. We will keep our bullish trend expectations if the price settles above 1316.48 level, reminding you that our initial main target lies at 1335.40. The expected trading range for today is between 1310.00 support and 1335.00 resistance.

The material has been provided by InstaForex Company – www.instaforex.com

Source:: Daily analysis of Gold for March 12, 2018

Won't your trader friends like this?
InstaForex
About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Related Posts

Leave a Reply

*