Gold continues with the sideways trading 03/12/2012
Economies.com
2012-12-03 05:45AM UTC
Gold’s trading bounced below 1731.00, which reinforces the chances of continuing the trading within the mentioned sideways range in our previous reports between 1692.00 support and 1731.00 resistance.
In general, the sideways range remains the dominant until surpassing one of the aforementioned levels, hence breaching above 1731.00 will ease the way for returning to the general bullish trend, while breaking below 1692.00 will lead to more bearish correction.
Expected trading range for today is between: 1692.00 support and 1744.00 resistance.
Expected trend for today: sideways
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