Midday update for Gold 11-01-2017
2017-01-11 11:11:06 GMT (Economies.com)
Midday update for Gold 11-01-2017
 

Gold price fluctuates within tight range since morning settled near 1190.00, as long as the price above 1172.68 level, so the bullish trend scenario will remain valid for today, supported by the EMA50 that keeps carrying the price from below, waiting for visiting 1211.31 level as a next main station.

 

We should mention that breaking 1172.68 then 1160.00 levels will put the price under negative pressure that will lead the trading towards 1124.88 before any new attempt to rise. 

 

Expected trading range for today is between 1172.68 support and 1211.31 resistance.

 

Expected trend for today: Bullish

 
 
 
 SymbolLastChangeChg.%
1.0696
0.01
0.90
1.2388
0.03
2.80
17.10
0.27
1.61
52.68
0.28
0.52
1213.14
10.17
0.85
 
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USD to Arab Currencies
Yemen249.9500
UAE3.6728
Tunisia2.2922
Syria514.9800
Sudan6.4077
Saudi Arabia3.7495
Qatar3.6398
Oman0.3849
Morocco9.9650
Libya1.4284
Lebanon1505.5000
Kuwait0.3048
Jordan0.7072
Iraq1181.0000
Egypt18.6500
Bahrain0.3769
Algeria109.2790