Midday update for Gold 15/02/2013
Economies.com
2013-02-15 11:22AM UTC
Gold price is pushing negatively on the critical support level 1629.00 to achieve an initial break below it, and this might push the price for more downside move which is mainly targeting 1600.00
Until now, our neutral attitude remains valid waiting for the daily candle stick close according to 1629.00 to confirm the upcoming intraday trend.
Expected trading range for today is between: 1620.00 support and 1645.00 resistance.
Expected trend for today: Neutral
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