Gold – Analysis – 31-08-2016

Gold prices show a bearish trend today, as the signals would try to get recovery and stop negative pressure to return to bullish trend. The current bearish is on the short term basis and it will lead again to regain the main bullish trend.

Expected trading range for today is between 1297.75 support and 1327.90 resistance.

Expected trend for today: Bearish

 

Leave a Reply

Your email address will not be published. Required fields are marked *