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.%
1.0562
-0.00
-0.17
1.2462
-0.01
-0.73
18.38
0.19
1.04
54.04
-0.34
-0.62
1257.20
7.83
0.63
 
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USD to Arab Currencies
Yemen249.9500
UAE3.6720
Tunisia2.2933
Syria514.9800
Sudan6.3997
Saudi Arabia3.7499
Qatar3.6407
Oman0.3845
Morocco10.1008
Libya1.4263
Lebanon1512.0000
Kuwait0.3050
Jordan0.7075
Iraq1181.0000
Egypt15.7500
Bahrain0.3765
Algeria109.9290