Gold continues to trade calmly 17/07/2013

Economies.com
2013-07-16 23:53PM UTC

The tight range remains controlling gold trading, which is crawling gradually towards our first target at 1300.00, while Stochastic negativity explains the slowness of the positive trading.

 

Until now, the bullish trend remains valid and active, waiting for breaching 1300.00 to head towards 1340.00, while achieving these targets requires holding above 1270.00 and 1250.00

 

Expected trading range for today is between: 1250.00 support and 1340.00 resistance.

 

Expected trend for today: Bullish

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