Midday update for Gold 07-12-2017
Economies.com
2017-12-07 10:32AM UTC
Gold price resumes its negative trading to move away from 1263.15, which supports the continuation of our bearish overview efficiently in the upcoming sessions, and the way is open to head towards our next target at 1240.85.
Therefore, we are waiting for more decline for the rest of the day conditioned by holding below 1263.15 and the most important below 1275.00.
Expected trading range for today is between 1250.00 support and 1275.00 resistance.
Expected trend for today: Bearish
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