Midday update for Gold 12-01-2018

Economies.com
2018-01-12 11:37AM UTC

Gold price provided clear positive trading to move away from the key support 1321.49, which supports the continuation of our positive overview for the rest of the day, which gets continuous positive support by the EMA50, reminding you that our next main target is located at 1357.53, while holding above 1321.49 represents the first condition to continue the suggested bullish wave.

 

Expected trading range for today is between 1320.00 support and 1340.00 resistance.

 

Expected trend for today: Bullish

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