Midday update for Gold 19/12/2014

Economies.com
2014-12-19 11:25AM UTC

Gold price shows more sideways and tight trading, which still limited between the trend confirmation levels represented by 1193.40 support and 1207.90 resistance, therefore, we will continue with our neutrality until the price manages to breach one of these levels.

 

To know more about the expected targets after the breach, please review our morning issued report.

 

Expected trading range for today is between: 1178.85 support and 1226.00 resistance.

 

Expected trend for today: Neutral

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