Midday update for Gold 29/11/2012

Economies.com
2012-11-29 11:03AM UTC

 

The price trades with slight bullish bias since morning effected by Stochastic positivity, while we still expect that the sideways range will stay controlling the intraday trading until surpassing one of the sideways range lines which represented by 1692.00 support and 1731.00 resistance.

 

Expected trading range for today is between: 1700.00 support and 1744.00 resistance.

 

Expected trend for today: sideways 

 

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