Gold makes attempts to go straight

5 June, 2017

Gold makes attempts to go straight

Within Thursday's session the gold was slightly following downtrend until got the support at 1260 range. Currently Gold makes attempts to go straight to 1275 but due to the US reports market might become more volatile. Resistance is hold at 1270, support comes in at 1260.

Trading recommendations.

XAUUSD seems to give a try reaching the top ranges in case the price gets over the 1270 level. For the long-terms it's most likely that there's uptrend now here.


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