Gold price technical analysis

Gold price technical analysis today 27-12-2016 indicate that Gold price is moving up forward after the Christmas holiday by 0.50 U.S.D / Ounce of gold, which support the up trend for the end of the morning and the middle session of gold trading.

Gold price technical analysis today 27-12-2016 indicate that the average of the middle session trading is 1172.68 U.S.D / Ounce of gold and it could stay in that level till the end of trading session.

by the end of trading session today might be ( little possible )  some investors could use that situation and start selling process. the issue, which could push gold price to decline to the level of 1124.88 U.S.D / ounce of gold. if the previous scenario did not happen gold price will take the up trend till the end of the trading session by a condition, gold price should pass the average of 1154.76 U.S.D / ounce of gold.

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