Gold price keeps its negative stability – Analysis - 09-01-2019

Economies.com
2019-01-09 05:17AM UTC

Gold price tested 128670 level yesterday and kept its stability below it, to start today with bearish bias on its way to resume the expected bearish trend on the intraday basis, which targets visiting 1262.50 level mainly.

 

Therefore, we will continue to suggest the bearish bias in the upcoming sessions unless breaching 1295.00 level and holding above it.

 

Expected trading range for today is between 1265.00 support and 1295.00 resistance.

 

Expected trend for today: Bearish

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