Midday update for Gold 05/12/2012
Economies.com
2012-12-05 11:18AM UTC
The gold trading settled above 1700.00, while Stochastic is heading clearly to the upside, to support the chances of heading towards the sideways range resistance level at 1731.00, as we still expect that the sideways range will remain the dominant on the current trading until surpassing one of this range lines which represented by 1692.00 support and 1731.00 resistance.
Expected trading range for today is between: 1692.00 support and 1731.00 resistance.
Expected trend for today: sideways
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