Midday update for Gold 06-02-2019

2019-02-06 10:31:53 GMT (Economies.com)
Midday update for Gold 06-02-2019
 

Gold price did not show any strong move since moring, to continue fluctuating near 1316.65 level and keeps its stability below it, thus, no change to our bearish overview that targets 1294.00 followed by 1286.70 levels mainly, supported by stochastic negativity that appears clearly on the four hours’ time frame.

 

The expected trading range for today is between 1296.00 support and 1325.00 resistance.

 

The expected trend for today: Bearish

 
 
  Symbol Last Change Chg.%
1.1337
0.0038
0.3332%
1.3034
0.0127
0.9805%
16.007
0.228
1.442%
57.120
1.347
2.414%
67.08
0.63
0.95%
1337.955
16.620
1.258%
 
 
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