Gold price is stable – Analysis - 17-09-2019
Economies.com
2019-09-17 05:06AM UTC
Gold price did not show any strong move yesterday, to remain stable near the main bullish trend line, noticing that stochastic gathers the positive momentum and approaches the oversold areas, waiting to motivate the price to resume the bullish bias in the upcoming sessions.
Therefore, we will keep our bullish overview conditioned by the price stability above 1485.00, reminding you that our targets begin at 1524.00 and extend to 1555.00 after breaching the previous level.
The expected trading range for today is between 1485.00 support and 1525.00 resistance.
The expected trend for today: Bullish
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