Technical analysis of gold for July 19, 2017
GOLD price made new highs yesterday. Short-term trend is bullish. We could see a pullback towards $1,230 but overall I’m expecting a move towards $1,260 at least. Blue lines – bearish channel Gold price is trading above the 4-hour Kumo (cloud). Support is at $1,230. Resistance is at $1,250-60. Gold price could see $1,230 if […]