Overview
Gold price begins the attempts to surpass 1,281.17 level now, encouraged by stochastic's positivity that is displayed on the four-hour time frame. Please note that breaching the mentioned level will push the price towards 1,299.20 directly. In general, the bullish trend will remain active for today on condition of holding above 1,272.00. Breaching the targeted level will push the price towards 1,321.50 as the next main station. The expected trading range for today is between 1,272.00 support and 1,295.00 resistance.
The material has been provided by InstaForex Company - www.instaforex.com
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