Recently, the Gold has been trading upwards. As I expected, the price tested the level of $1,305.07. According to the H1 time frame, I found broken bullish flag in the background, which is a sign that buyers are in control. My advice is to watch for potential buying opportunities on the pullback. The upward targets are set at the price of $1,313.80 and at the price of $1,325.00.
Trading recommendations for today: watch for potential buying opportunities.
*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.