Midday update for Gold 28/01/2013
Economies.com
2013-01-28 11:01AM UTC
Gold price trades with a bearish bias away from 1660.00 which acts as a ceiling for the current intraday trading, and until now, we will continue in our neutral attitude for today in order to monitor the daily close according to the mentioned level and followed by confirming the next trend.
Carefully note that breaking below 1653.00 will open the way for heading towards 1630.00
Expected trading range for today is between: 1650.00 support and 1676.00 resistance.
Expected trend for today: Neutral
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