Midday update for Gold 25-05-2017

Economies.com
2017-05-25 10:52AM UTC

Gold price did not show any strong move since morning, to continue fluctuating between the key levels represented by 1254.56 support and 1262.25 resistance, and as we mentioned this morning, the price needs to breach one of these levels to detect its next destination clearly, which keeps our neutrality valid until now.

 

To review the details of the expected targets after breaching the mentioned levels, please check our morning report.

 

Expected trading range for today is between 1240.00 support and 1275.00 resistance.

 

Expected trend for today: Depends on the above mentioned levels

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