Gold Spot / U.S. Dollar
Long

Gold heads for more gains

Target: 1320.00
Risk: 1281.10

Technical reasons:

Gold price rally to surpass 1281.10 supports achieving more rise, and the next target is located at 1299.10, while surpassing this level will push the price towards our main waited target at 1320.00.

The bullish bias will remain dominant and expected for the coming days conditions by settling above 1281.10.

Disclaimer