Gold price shows new positive trades by today’s open, motivated by the positive signal provided by stochastic now, waiting for more rise to achieve our targets that start at 1900.00 and extend to 1928.60.
The EMA50 supports the expected rise, which will remain valid unless breaking 1865.00.
The EMA50 supports the expected rise, which will remain valid unless breaking 1865.00.
Comment:
Gold price settles around 1885.00, and as long as the price is above 1865.00, our bullish overview will remain valid and active, organized inside the bullish channel that appears on the chart, reminding you that we are waiting to visit 1900.00 followed by 1928.60 levels as next main stations.
Trade closed: target reached