Midday update for Gold 24-04-2018
Economies.com
2018-04-24 09:56AM UTC
Gold price continues to provide the calm positive trades since morning, noticing that stochastic loses its bullish momentum gradually, to support the chances of bouncing bearishly and resume the intraday bearish trend that targets 1316.48 level mainly.
Holding below 1335.40 is important to continue the expected decline, as breaching it will push the price back to its main bullish track and stop the current negative pressure.
Expected trading range for today is between 1316.00 support and 1335.00 resistance.
Expected trend for today: Bearish
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