Midday update for Gold 01-02-2019

Economies.com
2019-02-01 10:38AM UTC

Gold price keeps its stability above 1316.65 level, to keep the bullish trend active for today, supported by the EMA50, waiting to visit 1335.00 level mainly, noting that breaking 1316.65 will put the price under negative pressure that targets 1286.70 level direct.

 

Expected trading range for today is between 1310.00 support and 1335.00 resistance.

 

Expected trend for today: Bullish

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