Midday update for Gold 04/09/2015
Economies.com
2015-09-04 11:00AM UTC
Gold price shows tight trading range since morning keeping its stability below 1126.25 level, to keep the bearish trend valid and active for today, supported by the EMA50, targeting 1115.95 then 1100.00 levels initially.
We remind you that the continuation of the expected bearish trend depends on the stability below 1136.60 and 1154.00 levels.
Expected trading range for today is between 1100.00 support and 1140.00 resistance.
Expected trend for today: Bearish
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