FX.co ★ Daily analysis of Gold for May 25, 2017

Overview

Gold price has not shown any strong move since morning. The metal is still fluctuating between the key levels represented by 1,254.56 support and 1,262.25 resistance. The price needs to breach one of these levels to indicate its next destination clearly. As a result, traders are in the wait-and-see mode at the moment. To review the details of the expected targets after breaching the mentioned levels, please check our morning report. The expected trading range for today is between 1,240.00 support and 1,275.00 resistance.