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Direction: Bullish
2016-05-02 17:11:55

Gold, May 02

on: In: Technical Analysis
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This report was updated for registered users on : 2016-05-02 09:50:02
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Gold trades near 1300.00, supported by stabilizing above 1280.00, which keeps the bullishness available.

GOLD@Daily-1

Technical targets reside 1318.00, which represents 78.6% and stability above 1300.00 psychological.

Breaching 1300.00 will affirm.

Support: 1290.00 – 1280.00 – 1272.00

Resistance: 1300.00 – 1310.00 – 1318.00

Direction: Bullish

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