Midday update for Gold 15-01-2018

Economies.com
2018-01-15 11:14AM UTC

Gold price settles around 1345.00 level since morning, and as long as the price is above 1321.49, our bullish overview will remain active for the upcoming period, supported by the EMA50 that keeps carrying the price from below, reminding you that our next main target is located at 1357.53, which breaching it represents the key to extend the bullish wave towards 1375.00 followed by 1405.00.

 

Expected trading range for today is between 1310.00 support and 1357.00 resistance.

 

Expected trend for today: Bullish

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