Midday update for Gold 13-02-2018

Economies.com
2018-02-13 10:51AM UTC

Gold price keeps rising to reach the thresholds if the first waited target at 1335.40, keeping the bullish trend scenario active in the upcoming period, pointing that surpassing this level will extend the gains to reach 1365.97, pointing that holding above 1316.48 is important for the continuation of the suggested rise, where breaking it will push the price to visit 1301.20 levels before any new attempt to rise.

 

Expected trading range for today is between 1316.00 support and 1340.00 resistance.

 

Expected trend for today: Bullish

 

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