FX.co ★ Daily analysis of Gold for June 07, 2018

Overview

The gold price shows calm positive trading approaching 1,301.20 levels again. As long as the price is below this level, our bearish overview will remain valid for today, as breaching it will push the price to turn to rise and achieve positive targets that begin at 1,316.48, while the first target of the negative expectations is located at 1,285.90. The expected trading range for today is between the 1,280.00 support and the 1,310.00 resistance.