Midday update for Gold 29/06/2015
Economies.com
2015-06-29 10:45AM UTC
Gold price bounced lower to head towards covering the price gap that appeared with the opening of today’s trading, where the price moves now below 1181.00 level, which might push the price to return to the mentioned bearish track in our last reports.
Until now, our neutral attitude remains valid waiting for monitoring the daily candlestick close according to the mentioned level then detecting the next trend clearly; to recognize the details of the expected targets in the upcoming period, please review our morning report.
Expected trading range for today is between 1160.00 support and 1205.00 resistance.
Expected trend for today: Neutral
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