Midday update for Gold 07/02/2013
Economies.com
2013-02-07 11:03AM UTC
Gold price moves in sideways range since morning with stabilization above EMA50, which represents the key intraday factor for continuing the bullish trend for today.
Stochastic negativity might cause some slight and temporarily bearish bias before resuming the main bullish trend.
Expected trading range for today is between: 1660.00 support and 1692.00 resistance.
Expected trend for today: Bullish
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