Daily analysis of Gold for December 27, 2017

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Overview

Gold price resumes its positive trading to move away from 1,281.17 level, which supports the continuation of our bullish trend expectations efficiently in the upcoming sessions. The way is open to visit 1,299.20 level that represents our next main target. Continuation of the expected rise depends on holding above 1,272.00 and 1,263.15 levels. The expected trading range for today is between 1,272.00 support and 1,292.00 resistance.

The material has been provided by InstaForex Company - www.instaforex.com