Midday update for Gold 22/12/2014

Economies.com
2014-12-22 11:45AM UTC

 

Gold price shows more sideways and tight trading, where the trading is weak generally in the markets, therefore, there is no change on our neutral attitude, which remains valid until breaching the critical levels represented by 1193.40 support and 1216.00 resistance to detect the next targets clearly, and to recognize the expected targets from the breach, please look at our morning report.

 

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

 

Expected trend for today: Neutral

 

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