Midday update for Gold 02/09/2015

Economies.com
2015-09-02 10:30AM UTC

Gold price moves within tight range since morning, and it remains confined between the trend keys that represented by 1126.25 support and 1156.00 resistance, as we mentioned this morning, the price needs to surpass one of these levels to detect the next trend clearly, which makes us remain neutral until now.

 

To recognize the expected targets from breaching the above- mentioned levels, please review our morning report.

 

Expected trading range for today is between 1120.00 support and 1160.00 resistance.

 

Expected trend for today: Depends on the above mentioned levels

 

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