Gold price declines calmly – Analysis - 10-09-2018
Economies.com
2018-09-10 04:24AM UTC
Gold price shows calm negative trades and keeps its stability inside the intraday bearish channel that appears on the chart, thus, no change to the bearish trend scenario that depends on the price stability below 1208.40 level, waiting to visit 1180.00 followed by 1160.00 levels as next main stations.
We should note that breaching 1208.40 will lead the price to start recovery attempts that target 1220.00 followed by 1238.30 levels initially.
Expected trading range for today is between 1175.00 support and 1210.00 resistance.
Expected trend for today: Bearish
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