Gold effort Positives

Gold price made ​​a strong effort, but it reflects a breach high 1266.00 to settle below it again – As it is now trading near the key support clusters that represent EMA50 meeting with the support of the ascending channel’s length transactions and Previously broken falling channel resistance was small.


At the support  area 1249.00, This allows us to the expert witnessed positive trades in the future, And the main goal or targets at 1300.00, Noting that a break below support will stop referring to the positive scenario And turn back the prices to trade within a descending channel.

The trading range for today is expected : Support 1235.00 and Resistance  1278.00 .
The trend  is expected : Bullish