Gold is calm 16/07/2013

Economies.com
2013-07-16 00:07AM UTC

The tight trading keeps controlling Gold price trading which remains stable above 1270.00, and that keeps the bullish trend scenario valid until now, waiting for our main targets that begin at 1300.00 followed by 1340.00, which remains valid unless 1270.00-1245.00 levels were broken.

 

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

 

Expected trend for today: Bullish

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