Midday update for Gold 30/10/2014

Economies.com
2014-10-30 10:33AM UTC

 

Gold price continues its negative trading at 1200.00 level, waiting for more downside moves, which target 1187.00 areas as a next main station.

 

In general, the bearish trend will remain valid and active for today if gold price settled below 1240.50 level.

 

Expected trading range for today is between: 1187.00 support and 1229.00 resistance.

 

Expected trend for today: Bearish

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