Midday update for Gold 20-03-2017
Economies.com
2017-03-20 11:23AM UTC
Gold price keeps its stability above 1231.13 level, to keep the bullish trend scenario active for the rest of the day, pointing that the daily candlestick above the mentioned level will add more support for the positive expectations.
Therefore, we wait for more of the bullish bias in the upcoming sessions, reminding you that our next main target located at 1263.17, while holding above 1231.13 level represents the first protection factor for the positive expectations.
Expected trading range for today is between 1225.00 support and 1250.00 resistance.
Expected trend for today: Bullish
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