Daily analysis of Gold for May 11, 2018

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Overview

The Gold price resumes its positive trading to move away from 1316.48 level which supports the continuation of our bullish overview efficiently in the upcoming sessions, waiting to target 1335.40 level initially, reminding you that it is important to hold above 1316.48 to continue the expected rise. The expected trading range for today is between 1310.00 support and 1335.00 resistance.

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