Midday update for Gold 01/04/2015
Economies.com
2015-04-01 10:55AM UTC
Gold price fluctuates at the key support 1181.00 again after it found solid intraday resistance that was formed by the EMA50, while our neutrality still valid until now, waiting to breach one of the key levels represented by the mentioned support and 1190.00 resistance, as breaking this support will push the price to head towards 1142.60 initially, while breaching the resistance will motivate the price to achieve gains that mainly start at 1225.00 then 1244.00.
Expected trading range for today is between: 1170.00 support and 1220.00 resistance.
Expected trend for today: Neutral
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