Today's Market Analysis for Gold Trader - Bullish

Preference: Bullish

Reference Area: 1288.45 - 1283.29 (Search for Bullish confirmation)

Support: 1288.45, 1283.29, 1274.95

Resistance: 1296.79, 1301.94, 1307.71

Comments:

Today's gold futures bias indicates Bullish pressure seen from the H1 chart the price is moving above the moving average. Today's gold trading strategy note if the resistance at 1296.79 breaks as it could potentially lift the gold further up to the range 1301.94 - 1307.71.

Alternatively consider the Support area 1288.45 - 1283.29 to look for confirmation of buy signal with gold potential rebound up to the range 1291.64 - 1296.79.

Note :
What are presented in this analysis above maybe missed and only as an initial prediction for learning purposes only. Please do not trade without adequate knowledge. Any losses arising from the inaccuracy of these predictions are not the responsibility of the author.