Gold resumes the decline 26/06/2013
Economies.com
2013-06-26 05:16AM UTC
Gold price begins today’s trading with clear bearish bias approaching the bearish channel’s support line around 1210.00, to continue with our bearish scenario efficiently, waiting for more decline on the short term and medium term basis.
EMA50 supports the bearish trend, which remains valid and active unless 1300.00 was breached.
Expected trading range for today is between: 1210.00 support and 1280.00 resistance.
Expected trend for today: Bearish
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