Midday update for Gold 19-01-2018

Economies.com
2018-01-19 11:52AM UTC

Gold price keeps proving the positive trading to move away from the key support 1321.49, keeping the bullish trend valid in the upcoming sessions, reminding you that our next target is located at 1357.53, which breaching it represents the key to rally towards 1375.00 followed by 1404.00 levels as next main stations.

 

Therefore, the bullish trend will remain dominant for the rest of the day unless breaking 1321.49 level and holding below it.

 

Expected trading range for today is between 1320.00 support and 1345.00 resistance.

 

Expected trend for today: Bullish

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