Gold price is stable – Analysis - 23-05-2019
Economies.com
2019-05-23 01:00AM UTC
Gold price continues to fluctuate below 1275.30 level, to keep the correctional bearish pressure valid in the upcoming period, supported by the EMA50, waiting to resume the bearish bias that its next target located at 1253.20, while the expected decline will remain valid unless breaching 1275.30 followed by 1282.00 levels and holding above them.
The expected trading range for today is between 1255.00 support and 1282.00 resistance.
The expected trend for today: Bearish
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