Daily analysis of Gold for October 12, 2017 888011000 110888 Summary Gold rate has been showing calm upward trading to approach the very first waited target at $1,299.20, keeping the bullish trend scenario valid previously. It is supported by the EMA50 that carries the cost from listed below. Please note that breaching the discussed level is needed to press the rate towards $1,321.49 as the next upward target. Stochastic is revealing bullish signals that support the opportunities of extending the bullish wave in the short term. Let me remind you that holding above 1281.17 represents the key condition to continue the anticipated rise. The expected trading range for today is in between$1,281.00 assistanceand$1,310.00resistance. The material has actually been supplied by InstaForex Business- www.instaforex.com

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