Gold negotiates the upside trend line 11/02/2013
Economies.com
2013-02-11 06:06AM UTC
Gold price is fluctuating at the intraday bullish trend support that appears in the image, accompanied with Stochastic moving near the oversold levels, to support the continuation in our positive expectations which is targeting testing the correctional channel resistance near 1692.00
We remind you that breaking below 1660.00 followed by 1652.00 will decrease the chances of achieving the waited bullish bias.
Expected trading range for today is between: 1660.00 support and 1683.00 resistance.
Expected trend for today: Bullish
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