Midday update for Gold 20/11/2012
Economies.com
2012-11-20 11:08AM UTC
The price moves near the critical support level 1731.00, affected by Stochastic negativity, while we still keep our proposed positive scenario for today supported by EMA50.
We remind you that breaching 1731.00 and 1721.00 will turn the intraday channel towards the downside.
Expected trading range for today is between: 1721.00 support and 1760.00 resistance.
Expected trend for today: Bullish
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