Midday update for Gold 17-08-2018
Economies.com
2018-08-17 11:01AM UTC
Gold price shows sideways trading since morning, and still stable below 1182.00 level, thus, the bearish trend will remain valid for today without any change, depending on the price stability below the mentioned level, besides the negative pressure that the EMA50 continues to provide, reminding you that our next main target is located at 1156.40.
Expected trading range for today is between 1155.00 support and 1190.00 resistance.
Expected trend for today: Bearish
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