Midday update for Gold 31/01/2013

Economies.com
2013-01-31 11:26AM UTC

Gold price shows a calm bearish bias since the morning and might draw a minor technical formation negativity forces it to decline towards levels around 1665.00, but generally, the preferred bullish trend scenario for today remains valid and active supported by the positive factors that mentioned this morning.

 

Expected trading range for today is between: 1671.00 support and 1692.00 resistance.

 

Expected trend for today: Bullish 

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