Gold price achieves more gains – Analysis - 04-06-2019
Economies.com
2019-06-04 00:40AM UTC
Gold price provided strong positive trades yesterday to settle above 1320.00 barrier, reinforcing the expectations of continuing the bullish trend on the intraday and short term basis, reminding you that we are waiting to visit 1346.70 level that represents our next main station.
The EMA50 supprots the suggested bullish wave, while breaking 1302.60 will stop the current rise and put the price under the correctional bearish pressure again.
The expected trading range for today is between 1315.00 support and 1346.00 resistance.
The expected trend for today: Bullish
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