Gold analysis 28-11-2017

The price of gold has been trading sideways and narrow range since the morning stable around 1295.00, therefore, there is no change on the scenario of the overall upward trend, which depends on stability above 1281.17, noting that Stochastic continues to approach oversold areas to support the expectations of rising, Which starts the breach of the 1299.20 level to open the way forward towards 1321.50 in the near term.

The trading range for today is expected among the support at 1280.00 and resistance at 1305.00

The general trend for today is bullish