Midday update for Gold 04/02/2013

Economies.com
2013-02-04 10:44AM UTC

Gold price is trading in sideways and tight range since morning, with some slight bearish bias which led the price to approach from 1660.00 barrier.

 

Until now, we still continuing in our positive expectations for today, pointing that holding above 1660.00 is important for keeping the chances of achieving the waited targets valid.

 

Expected trading range for today is between: 1660.00 support and 1692.00 resistance.

 

Expected trend for today: Bullish

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