FX.co ★ Analysis of Gold for June 27, 2017

Recently, Gold has been trading upwards. As I expected, the price tested the level of $1,253.00. According to the 30M time frame, I am still expecting upward price. There is still a strong selling climax in the backgorund, which is a strong sign of strength. My advice is to watch for buying opportunities with the target at $1,256.00.

Resistance levels:

R1: $1,255.00

R2: $1,259.00

R3: $1,263.00

Support levels:

S1: $1,247.00

S2: $1,242.00

S3: $1,238.50

Trading recommendations for today: consider potential buying opportunities.