Gold price begins negatively – Analysis - 04-02-2019
Economies.com
2019-02-04 04:52AM UTC
Gold price opens today’s trading with bearish bias to break 1316.65 level and settles below it, which puts the price under expected negative pressure on the intraday basis, targeting testing 1295.00 followed by 1286.70 levels mainly.
Therefore, the bearish bias will be suggested in the upcoming sessions unless the price managed to breach 1316.65 level and hold above it again.
Expected trading range for today is between 1295.00 support and 1320.00 resistance.
Expected trend for today: Bearish
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