Midday update for Gold 27/11/2014
Economies.com
2014-11-27 12:08PM UTC
Gold price returned to trade above 1193.40 level again, reinforcing the expectations to continue the intraday bullish trend, waiting to surpass 1207.90 barrier to open the way towards 1225.00 followed by 1255.00.
The EMA50 supports the expected bullish wave, which will remain valid unless breaking 1178.85 level and holding below it.
Expected trading range for today is between: 1178.85 support and 1225.00 resistance.
Expected trend for today: Bullish
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