Midday update for Gold 04-12-2019
Economies.com
2019-12-04 10:31AM UTC
Gold price rebounds bearishly after testing the minor resistance that appears on the chart, and stochastic begins to provide negative signals now, which reinforces the expectations of continuing the bearish trend for the rest of the day, which targets 1447.00 as a next station, reminding you that holding below 1489.00 represents key condition to continue the suggested bearish wave.
The expected trading range for today is between 1460.00 support and 1490.00 resistance.
The expected trend for today: Overall Bearish
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