Midday update for Gold 17-04-2018
Economies.com
2018-04-17 09:27AM UTC
Gold price shows slight bearish bias affected by stochastic negativity, but the EMA50 keeps providing positive support for the price, as long as the price above 1335.40, so our bullish trend expectations will remain active, waiting for testing 1365.97 as an initial station, reminding you that breaching this level will extend gold gains to reach 1400.00 as an initial main station.
Expected trading range for today is between 1335.00 support and 1370.00 resistance.
Expected trend for today: Bullish
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