Midday update for Gold 17-01-2018
Economies.com
2018-01-17 12:28PM UTC
Gold price shows sideways trading and settles around 1340.00 now, getting continuous positive support by the EMA50, which keeps our bullish overview valid for today, reminding you that our next target is located at 1357.53, while the price needs to hold above 1321.49 to guarantee the continuation of the bullish bias in the upcoming sessions.
Expected trading range for today is between 1330.00 support and 1357.00 resistance.
Expected trend for today: Bullish
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