InstaForex - Analytics


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    Daily analysis of GOLD for February 26, 2016 2016-02-26


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    In the H4 chart, gold prices continue to trade sideways holding at the level of 1235.00; therefore, there is no change in the suggested bullish trend for today, which depends on the stability above 1212.34 and the most important above 1180.86. Therefore, we believe that there are chances for providing positive trading in the upcoming period, reminding you that the anticipating targets are seen at 1263.23, extending to 1300.00.

    We expect today's trading range to set between support of 1215.00 and resistance of 1260.00.

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