Midday update for Gold 06-03-2019
Economies.com
2019-03-06 10:33AM UTC
Gold price provided slight positive trades this morning but it returns to decline now, to support the continuation of our bearish overview, reinforced by stochastic reach to the overbought areas, waiting to test 1275.30 level as a next main station, reminding you that the continuation of the expected decline depends on the price stability below 1302.60.
The expected trading range for today is between 1270.00 support and 1300.00 resistance.
The expected trend for today: Bearish
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