Gold price is trying to achieve a further rise, benefiting from stability above the psychological level of $ 1300.00 and above 113% Fibonacci located at 1317.00.
Trading above 1317.00 will be a cause of further attempts to rise. However, the breakthrough price of 1332.00 will be the proof of the bullish intraday direction that day, where we will need to see stability trading above this level to demonstrate along the climb.
- Support:1317.00 – 1303.00 – 1291.00
- Resistance: 1331.00 – 1368.00 – 1407.00
Direction: Bullish above 1317.00, targeting 1365.00 and 1400.00 as long as the price trading above 1290.00.