Daily analysis of Gold for December 27, 2017 27.12.2017

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Exchange Rates 27.12.2017 analysis

Overview

Gold price resumes its positive trading to move away from 1,281.17 level, which supports the continuation of our bullish trend expectations efficiently in the upcoming sessions. The way is open to visit 1,299.20 level that represents our next main target. Continuation of the expected rise depends on holding above 1,272.00 and 1,263.15 levels. The expected trading range for today is between 1,272.00 support and 1,292.00 resistance.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.

Performed by Hossam Soliman Ali,
Analytical expert
InstaForex Group © 2007-2017

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