Midday update for Gold 28/11/2012

Economies.com
2012-11-28 11:03AM UTC

 

The price still holding above the rising wedge support, supported by stochastic positivity shown obviously on the four hours time frame, that encourages us to keep our positive expectations which were issued this morning unless the support levels between 1739.00 and also 1731.00 were breached. 

 

Expected trading range for today is between: 1731.00 support and 1765.00 resistance.

 

Expected trend for this week: Bullish 

 

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