Gold price resumes the decline – Analysis - 11-07-2018
Economies.com
2018-07-11 03:58AM UTC
Gold price begins today’s trading with new bearish bias, resuming its bearish track that its next target located at 1236.41, to keep the bearish trend suggested in the upcoming sessions, reminding you that breaking the mentioned level will extend Gold price losses to reach 1204.00 as a next station.
Holding below 1267.00 is important to continue the expected decline, as breaching it will push the price to start recovery attempts that target 1285.90 areas initially.
Expected trading range for today is between 1236.00 support and 1260.00 resistance.
Expected trend for today: Overall bearish
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