Gold price continues to decline – Analysis - 09-11-2018
Economies.com
2018-11-09 04:50AM UTC
Gold price shows more bearish bias to gradually approach our main waited target at 1208.40, to keep the bearish trend valid in the upcoming sessions, reminding you that breaking the mentioned level will extend the bearish wave to reach 1198.00 as a next station.
Stochastic provides negative signal that supports the chances of achieving more decline, which its continuation conditions holding below 1238.30.
Expected trading range for today is between 1200.00 support and 1230.00 resistance.
Expected trend for today: Bearish
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